The value of fatherly financial advice


Manage episode 236391971 series 31291
By Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio streamed directly from their servers.

Many of us get financial advice from our fathers and occasionally even inherit their money habits. Tom shares the interesting findings of a recent survey and what his own father has meant to him in his financial life. We then introduce our special guest, Herb Weisbaum, a.k.a. the ConsumerMan, who is here to help answer all kinds of consumer questions. We talk specifically about scams, from the loop holes in peer-to-peer transactions to the social security scams that are flaring up. We advise on which useful apps to use, how to be smart with your personal information and much more!

The role that fathers play in giving financial guidance to children.

Herb’s article about Venmo and how the bad guys are using it to scam people.

Who peer-to-peer money apps are meant for and why it’s not safe to use with strangers.

The increase in social security scams and being vigilant with your personal information.

Caller ID and how scammers use spoofing software to get you to answer the phone.

The problem with robo calls, what legislation stipulates and the apps that can help you.

Weighing up the pros and cons of satellite phones.

Vestory —

Herb Weisbaum —

KOMO Newsradio —

ConsumerMan —

NBC News —

Venmo —

AARP Fraud Watch Network — —

Social Security Administration —

Federal Trade Commission (FTC) —

Federal Communications Commission (FCC) —

YouMail —

Hiya —

RoboKiller —

Truecaller —

Nomorerobo —

429 episodes available. A new episode about every 0 hours averaging 26 mins duration .