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No interest for life and 20 percent cash back? Don't you believe it

No interest for life and 20 percent cash back? Don't you believe it

Money Life with Chuck Jaffe · Money Life with Chuck Jaffe

April 19, 202259m 20s

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Show Notes

Chuck plays a recent cold-call conversation in which a representative from "Card Services" suggests that a superior credit history has earned the chance for a credit card that charges zero interest ever, and that offers 20 percent cash back for every purchase. The card may be too good to be true -- though Chuck got multiple offers for it -- but the conversation must be heard to be believed. And it's calls like that -- and other personal financial issues -- that leave many seniors vulnerable to fraud, scams and also family money pressures; in today's Book Interview, Naomi Karp, co-author, "Thinking Ahead Roadmap: A Guide to Keeping Your Money Safe as You Age" discusses the importance of selecting a "financial advocate" and the role they can play as you age. Also on the show, Matt Zajechowski discusses a HomeAdvisor.com survey into how many people would be willing to move into a tiny home, especially if it help them beat the rising cost of housing, plus we revisit a recent conversation with Chris Vermeulen, chief market strategist for The Technical Traders Ltd.