Bank Forward Blog
Tuesday April 23 2019
Financial tips for 2019 Graduates
Congratulations students and parents! It won’t be long before young people across the country will put on their caps and gowns to celebrate their graduations. Many graduation speakers offer advice, some based on their own life experiences. The FTC has some practical advice to offer, too.
April is Financial Literacy Month and a great time to start planning for your financial future. The FTC has a library of free consumer materials and media room, to help you make the most of your money and avoid costly scams.
Speaking of scams, you might be surprised to learn that, according to recently released FTC data, younger people reported losing money to fraud more often than older people. It’s what the data has been telling us for a while, but it’s hard for people to grasp. Last year, based on those who reported fraud and gave us their age, 43% of people in their 20s reported a loss to that fraud, while only 15% of people in their 70s did. Check out 10 Things You Can Do to Avoid Fraud to help stay a step ahead of the scammers.
Here are a few other ways to stay connected for the latest news and information from the FTC:
- Subscribe to blog for consumer news and scam alerts.
- Check out most straightforward and direct information at Consumer.gov.
- Like FTC Facebook page.
- Follow @FTC for the latest tweets from the FTC.