Five tips to avoiding financial scams

Dan Danford, CFP® and Founder/Chief Executive Officer of Family Investment Center, answers this week's episode of Money Made Easy:

I used to believe I'd be able to tell if I was being scammed or not, but now I am not so sure. What are some good ways to ensure you are not hurt in a financial scam?

It seems every day you read about a new financial scam bilking people out of their hard-earned money, but how can you ensure you are not caught up in one of these financial scams? Danford shares his five financial tips to avoiding financial scams.