What can you do to protect yourself and your finances?

What should you do to protect yourself and your finances?

Here are six more easy ways to help keep your finances secure.

  1. Use Long and Memorable Passwords or Passphrases. We all know to keep our passwords to ourselves. …
  2. Sign Up For Credit Reports and Alerts. …
  3. Take Care When Accepting Friend Requests on Social Media. …
  4. Go Paperless. …
  5. Use a Shredder. …
  6. Choose Your Financial Advisor Wisely*

What are some ways you can protect your money?

How to protect your money (even from your own bank)

  • Check your accounts DAILY. …
  • Know your protections. …
  • Turn paper statements on. …
  • Choose a bank with good customer service. …
  • Never share your banking information with anyone. …
  • Use strong passwords & two-factor authentication. …
  • Don’t access your financial accounts from just anywhere.

How can I protect my money in the bank?

How to Protect Your Savings in a Bank Account

  1. Make sure your bank is a member of the FDIC. …
  2. Be aware of the total amount of your deposits in all of your bank accounts. …
  3. Check with your banker to verify the FDIC insurance status for the type of account you use for your savings.

How do I secure my savings?

Top 5 Ways To Protect Your Bank Accounts

  1. Check your accounts regularly. Keeping an eye on your account will help you know when something is wrong. …
  2. Never give out your PIN. …
  3. Use strong passwords. …
  4. Be careful where you access your account. …
  5. Avoid ATMs in touristy areas or that look out of place.
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What is the safest place to keep money?

Savings accounts are a safe place to keep your money because all deposits made by consumers are guaranteed by the Federal Deposit Insurance Corporation (FDIC) for bank accounts or the National Credit Union Administration (NCUA) for credit union accounts.