Mar 06

5 Benefits of Financial Literacy

By MD for Seniors

As a senior, you may experience some life changes or major transitions. With them, it’s important to keep your finances in order. However, many older adults may lose track of their finance payments in the shuffle, which could cause problems down the road. Luckily, several workshops are popping up across Canada to specifically help seniors understand how to best manage their money. Consider these benefits of being financially literate as a senior.

1. Recognize fraud
Seniors are one of the most popular groups to be targeted by fraudulent schemes, the Institute of Financial Literacy noted. These tactics are easy to …read more

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