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Many young adults recognize the value of early saving and investing long-term. But with 61% of this age group now trusting social media "finfluencers" for investing tips, it’s more important than ever to distinguish between sound financial advice and sales pitches pushing “get rich” ripoffs and worse - conflating gambling with real investing. Also today - Clark shares a recent story of a retired lawyer who lost $85,000 to scammers posing as Microsoft security, only to have his bank deny a refund. Con artists continue their rampant looting unabated, with ever increasing sophistication, and no one is immune. BUT, there are tells. Learn their method of operation, how to verify account activity on your own terms, and how to protect your "keys to the kingdom" from the criminals leveraging your data against you.
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By Clark Howard4.6
51685,168 ratings
Many young adults recognize the value of early saving and investing long-term. But with 61% of this age group now trusting social media "finfluencers" for investing tips, it’s more important than ever to distinguish between sound financial advice and sales pitches pushing “get rich” ripoffs and worse - conflating gambling with real investing. Also today - Clark shares a recent story of a retired lawyer who lost $85,000 to scammers posing as Microsoft security, only to have his bank deny a refund. Con artists continue their rampant looting unabated, with ever increasing sophistication, and no one is immune. BUT, there are tells. Learn their method of operation, how to verify account activity on your own terms, and how to protect your "keys to the kingdom" from the criminals leveraging your data against you.
Mentioned on the show:
Clark.com resources:
Learn more about your ad choices: megaphone.fm/adchoices
Learn more about your ad choices. Visit megaphone.fm/adchoices

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