April is Financial Literacy Month and it’s a great time to take advantage of free advice from the Federal Trade Commission. A recent report shows consumers reported losing $8.8 billion to scams in 2022, up more than 30 percent from 2021. The FTC has the tools we can all use to spot, avoid, and report scams, and help those we care about protect their bottom line.
The financial impact of the pandemic is far-reaching. Remember, as you’re working to regain your financial footing, scammers are trying to take advantage of people by stealing both money and personal information. Always be on alert to scammers.
During Financial Literacy Month, the FTC suggests checking your credit report. Your credit report affects your ability to get a loan or job, and could help you avoid identity theft. You can get a truly free credit report from AnnualCreditReport.com.
Information from the FTC’s website called Money Matters is below. Feel free to share any of these articles, videos, graphics on social media, or use these PowerPoint presentations on these topics:
- Credit Reports
- Buying or Renting a Home
- Avoiding a Scam When You’re Looking for a Job
- Borrowing and Debt
- Education and Training
- Your Rights When Shopping
- Buying and Owning a Car
- Prizes and Grants
Here is the YouTube version of this video.
Please share what you learn with family, friends, and members of your community. Share the graphics and videos on social media. Even use the presentation slides to talk with groups you might be part of — say, at a neighborhood PTA or club meeting. And stay connected by subscribing to get consumer alerts on the latest scams.
By Colleen Tressler, FTC, Division of Consumer and Business Education
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