All too often we focus on cutting back our spending, reducing our expenses and the idea of scarcity when talking about paying off debt or achieving other financial goals. Just as a business pays attention to its revenue and expenses to ensure growth, so too must we pay attention to our revenue and expenses, and
43% of all identity theft complaints to the Federal Trade Commission in 2013 related to tax returns, up from 15% in 2010. This kind of theft is not difficult. All that’s needed is a Social Security Number (SSN) and some forged documents. As we discussed last weekend, hackers and identity thieves are cross-referencing data
Odysseas Papadimitriou, the founder and CEO of CardHub and WalletHub, assesses the value of his MBA from Fuqua School of Business at Duke University. He comes to the conclusion that his MBA was redundant to his undergraduate education, a dual degree from Brown University of Economics and Civil Engineering. While the questions he poses are
Yesterday we posted steps to take if you’re concerned about Target’s data breach. Many of those steps should be completed regularly to protect yourself from identity theft. It’s a lot of work, though. For that reason, most of us don’t complete them as regularly as we should, if we do at all.
What can you do?
Retailer Target announced yesterday that the number of customers affected by hackers went from 40 million to 110 million. The stolen data includes credit card numbers, PINs, names, phone numbers and, in some cases, email addresses. Target is providing credit card monitoring for those potentially affected by the breach, but what can you do to protect yourself? Having your identity stolen or your credit score ruined can negatively affect you for years and in numerous ways.
What should you do next?
For anyone saving money to achieve financial goals, such as paying off debt, buying a home or preparing for retirement, it’s disheartening when 2013 wages are only slightly higher compared to 2003 wages and are down slightly compared to 1993 wages.
Learn how to beat this trend.
It wasn’t until the 20th century that humans began to use plastic instead of cash as a way to get what they want today while paying for it next month, or later. In the short time period since, we have seen the exponential increase in the use of alternative modes of payment to cash and
Buyer’s Remorse It’s the time of year when credit card statements from the holiday season start arriving. Along with the statements, comes the regret, remorse and the guilt for having spent so much money. Even if you had a plan to not over-spend this year, you still may have. Even though you may have already
Do You Think There is a Higher Education Bubble? There’s no doubt that post-secondary education is becoming out of reach for more people. A college degree is becoming less valuable, as well. While there’s enough blame to go around, something must be done. “A key measure of the benefits of a degree is the college
Know the rules and regulation of an HOA before buying into one. Home Owners Associations (HOAs), as with most every other arm of the housing market, have been experiencing there share of financial constraints since 2008. Because of this, some are taking more and more aggressive action. Most HOAs are underfunded, with the average association