13 Top Tips To Prevent Identity Theft
.13 Top Tips To Prevent Identity Theft
Protecting your sensitive personal information from thieves is getting harder than ever, thanks to a combination of the growth and sophistication of organized crime, and the lack of initiative on the part of banks and legislators to do anything meaningful to combat it.
Ways To Beat Identity Theft
What follows is a list of the most basic things you can do to prevent your identity from being stolen. While some of them are pretty obvious, its best to take nothing for granted:
24 Home Security Tips
.24 Home Security Tips
With perhaps the exception of fire, home burglary is the biggest threat to our safety at home. Depending on where you live, government statistics show that a home burglary occurs every few seconds. While the exact number obviously varies, best estimates in the USA have burglaries occurring every 8 seconds.
Unlike the stereotypical burglar we see in the media and movies, most home burglaries actually occur weekdays during work hours. This is for the simple and obvious reason that the burglar chooses the path of least possible resistance, and this includes picking a time when they are least likely to run into the homeowner.
Even the Smartest Man In the World Was A Terrible Central Banker
.Even the Smartest Man In the World Was A Terrible Central Banker
Notes From The Field By Simon Black May 9, 2022
By the early Spring of 1696, England was on the brink of a major currency crisis that had been building for decades. This was back in an era where English money was primarily silver; more than 1,000 years ago, in fact, Britain’s pound sterling was originally struck by Anglo-Saxon kings in the British Isles as one “Tower pound” of sterling silver.
(The ‘Tower pound’ was a medieval unit of measurement roughly equivalent to 0.75 modern pounds.) But over time, of course, English kings heavily debased their coins and reduced the silver content; by the mid-1600s, the pound only contained about 1/3 its original silver content.
Over 60 Places to Hide Valuables in Your Home
.Over 60 Places to Hide Valuables in Your Home
Rising burglary and home invasion rates are the main reasons one might consider hiding property or valuables from others. There are many good reasons for hiding money, cash and valuables.
Some of the more common hiding places for cash or valuables are a home security safe, decoy safes, gun safes, a floor safe, or some sort of specialized money safe. However, sometimes the best hiding places are right in plain sight in your own home. You can hide things in your home in such a way that you won't even have to spend a cent on some expensive home security safe.
10 Things You Must Know About Becoming a Millionaire
.10 Things You Must Know About Becoming a Millionaire
By: the editors of Kiplinger's Personal Finance, Dan Burrows April 26, 2021
Think you are a millionaire in the making? Read on to see what it takes to be truly destined for wealth.
Being a millionaire isn't a ticket to mansions, yachts and caviar like it once was, but the goal is more reachable than ever. According to 2020 data from Phoenix Marketing International, a firm that tracks the affluent market, 6.71% of U.S. households (or 8,386,508 out of 125,018,808 total U.S. households) have investable assets of $1 million or more.
Note well that to be considered a millionaire by the standards of wealth research, a household must have investable assets of $1 million or more, excluding the value of real estate, employer-sponsored retirement plans and business partnerships, among other select assets.
How To Bounce Back From a Financial Setback
.How To Bounce Back From a Financial Setback (Without Beating Yourself Up for It)
Gabrielle Olya Mon, May 2, 2022,
t’s easy to be self-critical of our mistakes, and when we make a financial mistake, it can bruise our wallet in addition to our self-esteem. But no matter what financial setback you are facing, with the proper plan, it’s possible to bounce back. In this “Financially Savvy Female” column, we’re chatting with Eleni Patel, a CPA with Equitable Advisors, about the common financial mistakes women make and how they can recover from them.
Common Mistake No. 1: Not Actively Participating in Long-Term Financial Planning
Patel said that her female clients often make two common mistakes, the first of which is taking a backseat when it comes to planning financially for the long term.
How To Become A Personal Finance “Black Belt”
.How To Become A Personal Finance “Black Belt”
Written by Sam
David Allen in “Getting Things Done” compares productivity to the martial arts. He gives instruction on how to become a black belt in your personal productivity with a “mind like water” that allows you to handle anything that comes your way with a balanced response. When a stone is thrown into a pond, the water reacts with perfect balance. It reacts just enough to disperse the energy, no more, and then returns to a calm state. It doesn’t over or under react.
Becoming a black belt and having a “mind like water” in your personal finances is very similar. It means you can take whatever is thrown at you without knocking your finances out of control. You can respond to any situation with perfect balance. Unexpected events or changes in your finances, good or bad, can be handled with optimum efficiency, and little or no stress. It means you can direct the flow of money where you need it almost effortlessly.
11 Best Things to Keep in a Safe Deposit Box
.11 Best Things to Keep in a Safe Deposit Box
by: Bob Niedt September 24, 2021
These valuables and documents, along with some items you hold dear, should be stored securely at your bank.
With digital records and cloud storage becoming the norm, the bricks-and-mortar safe deposit box might seem ready to join our growing list of things that will soon disappear forever. But don’t rush to declare the safe deposit box a relic of the past just yet. There can still be times when you’ll need to be able to produce certain original documents (including ones that have a raised seal) rather than digital scans or photocopies, and some valuables simply can’t be digitized.
Installing a safe in your home is one alternative to a safe deposit box, but they aren’t foolproof, says Luke Reynolds, chief of the Federal Deposit Insurance Corporation's Outreach & Program Development Section. Home safes are more susceptible to fire and water damage, not to mention theft, than bank safe deposit boxes, Reynolds says.
If You Don’t Want an Emperor, Stop Giving Him Your Money
.If You Don’t Want an Emperor, Stop Giving Him Your Money
Notes From The Field By Simon Black May 4, 2022
Elon Musk may be the richest man in the world, but he has a long way to go before he catches up with Jakob “The Rich” Fugger — a powerful merchant banker who lived in the 1500s.
Fugger’s name rhymes with ‘cougar’, not ‘bugger’. Fugger was born into a prominent family in the Free City of Augsburg, part of the Holy Roman Empire. But he took his family fortune to unimaginable heights because he understood a critical concept: POWER. Most of Fugger’s competition at the time — traders and financiers across Europe — focused on accumulating wealth. Fugger focused on accumulating power.
Game of Loans: 10 Money Lessons from Game of Thrones
.Game of Loans: 10 Money Lessons from Game of Thrones
Tawnya Redding 2019-03-30
Love it or hate it, this popular HBO series contains a wealth (pun intended) of very important social and economic lessons that we’d all do well to pay attention to.
Just like in the real world, the rise and fall of the different Houses vying for the throne is intertwined with money. In fact, Game of Thrones is somewhat unique in just how important the financial planning of the characters is to the various plot-lines.
So, just how real is this fantasy?
Organize Important Papers in Case of Emergency
.Organize Important Papers in Case of Emergency
By NIH/National Institute on Aging
Help others find key documents and records if you are incapacitated
Based on content from the NIH/National Institute on Aging AgePage "Getting Your Affairs In Order."
No one ever plans to be sick or disabled.
Yet, planning ahead can make all the difference if you take an unexpected trip to the hospital or suffer a health problem making it hard to remember where you put everything. Good planning and organization is a gift to those who will help you manage your health and financial affairs if needed.