Welcome To Making Money Prosper
At every stage in life, we all need a routine checkup for our financial health. That is why we’ve launched Making Money Prosper! This blog is dedicated to you, our PEFCU members. We’re here to help you live your best financial life by teaching you to successfully save, invest, and manage your money. Adulting can be hard–we get it! We want you to find success through all of life’s stages: like purchasing your first car, traveling the world, planning for retirement, and everything in between. At PEFCU, our goal is to educate you and your family about your personal finances…
The Rise of Peer-to-Peer Payment Scams
With the advent of payment apps like CashApp, Venmo, and Zelle, sending and receiving money is now quicker and easier than ever. Whether splitting a dinner bill, sending a friend money for concert tickets, or handling your portion of rent and utilities, peer-to-peer payment apps provide convenient payment with just a few taps. However, with convenience sometimes comes risk. A new scam is making the rounds targeting users of these peer-to-peer payment apps. This scam involves sending “accidental” payments to unsuspecting users. It may seem harmless at first glance, and you may even think, “What’s so bad about someone accidentally…
