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It’s really important to keep your money and identity safe. Learn how to take steps to protect your online accounts, avoid scams, and protect your business from fraud.
dentity theft is the crime of obtaining another person’s personal or financial information with the intention of assuming that person’s identity to make purchases or borrow money. If you become a victim of identity theft, you may feel upset and overwhelmed knowing someone has access to your private information. However, remember that recovering from identity theft is possible.
In the modern world, almost everyone holds a credit card. Reportedly, almost 8 in 10 American’s have at least one credit card and there were 365 million open credit card accounts in the U.S. as of end of year 2020 according to the American Bankers Association.
The instances of online fraud only seem to grow every year. However, that doesn’t mean you need to swear off the Internet forever. Surfing the web can be safe and worry-free as long as careful steps are taken. Knowing how to spot a scam is crucial.
When you think of things that make your life easier, what comes to mind? Smart phones? Other electronic devices? Household appliances? If you think about it, one of the biggest productivity boosts in the last ten years has been immediate access to your cash, i.e. online banking. It’s easy. It’s convenient. And it has a lot to offer.
When teaching children about money, the important thing to remember is that there are no rules or best way. All parents will approach financial education differently, and no one should feel pressure to cover all the “right” lessons.
If you want to buy a house in the next 12 months – you’ll need some hard work and a bit of luck. But you can improve your help your chances of success, and your wallet, with a plan.
An emergency savings fund will help you be self-reliant and take care of bills if you have an unexpected expense or your income is reduced or eliminated without relying on credit.
You may not realize it, but by paying down your debt, you ARE saving! Actively reducing debt means you’re saving on interest, avoiding late fees, and maintaining or increasing your credit score.
