Beware This Major Telephone Scam

The Only Time It’s OK To Give Out Personal Financial Information Over The Phone Is When…
(FinancialHealth.net) -  Calls from sophisticated scam artists often appear to come from a legitimate bank on Caller ID. The caller might even seem to have access to private financial data, such as banking account numbers, home addresses, employment status, maiden names, or the individual's date of birth. But that doesn't mean you should trust them. Scammers can access almost anyone's personal...

What’s The Most Common Vulnerability Leading to Identity Theft?

How to Hack-Proof Your Passwords
(FinancialHealth.net) Smart Quiz: What's the most common vulnerability leading to identity theft? Answer: Weak Passwords! If the last 24 months brought nothing else, it offered the stark realization that Americans are quite vulnerable when it comes to their digital security. People who are lazy with their digital security are far more likely to be victims of identity theft, fraud, and financial losses. The most...

Don’t Give Money When This Bogus Charity Calls

(FinancialHealth.net) - When Charities Call, Things Are Not Always What They Seem The phone rings and you’re hoping it will be someone you've been longing to talk to. Instead, it’s a stranger asking you to donate your hard earned money to charity. Depending on your financial situation, your first reaction may be to give and then use the donation as...

The Only Time The Real Social Security Will Call You is to Request Your Correct…

The Only Time Social Security Will Call You is to Request Your Correct
(FinancialHealth.net) Smart Quiz: The Only Time Social Security Will Call You is to Request Your Correct... a. Address b. Birthdate c. Income d. Never Answer: Never The phone rings with a call from an unknown number who threatens to take your Social Security benefits or put you under arrest unless you can provide the personal information they request. It could be a terrifying prospect, if it...

4 Medical Expenses You Can’t Deduct

(FinancialHealth.net) - It’s that time of year again, time to think about filing our taxes. Those who receive a lot of medical care throughout the year will definitely want to consider all the deductions available to reduce how much they owe. There are several expenses that can be claimed on a 1040 schedule A, but which ones should you NOT...

China Taunts US

China Taunts US
(FinancialHealth.net) - With the sudden surge of COVID-19 cases in the United States now reaching a pandemic level, the need to stockpile has caused its own set of issues. People are rushing to stockpile necessities like toilet paper, food, and water — often to the point of creating Black Friday style chaos at stores. Now, US officials are growing especially...

This Common Digital Scam Targets Seniors

The Most Common Digital Scam Affecting Seniors Today
Malware Trickery Aims to Take Advantage (FinancialHealth.net) - Scamming seniors into downloading malware is much easier than scamming other age groups. According to researchers, individuals over 65 are 34 percent more likely to be scammed and lose money than people in their 40s. Seniors are often targeted because they are more financially stable, but also lack digital literacy compared to...

When Should You Cancel an Unused Credit Card?

When Should You Cancel an Unused Credit Card?
(FinancialHealth.net) Smart Quiz: When Should You Cancel an Unused Credit Card? A) You Should Never B) You Should Always C) If It Has a Fee D) If High Interest Rate Answer:  C) If It Has a Fee Between paying down debt and boosting your credit score, balancing finances can be challenging. The ultimate goal is to have enough buying power to make big purchases at a...

How Much Money Should I Keep in My Checking Account?

How Much Money Should I Keep in My Checking Account?
Smart Quiz: How Much Money Should I Keep in My Checking Account? a) Raises and Bonuses b) 4% of Monthly Pay c) Enough for Necessities d) Car Payment Amount Answer: C) Enough for Necessities Being financially healthy isn’t just about how much money you have, but where you have it. That means diversifying in more ways than one. Those who keep all of their money...

Customs Seizes Nearly $1 Million in Cash

Nearly $1 Million Bust: You Won’t Believe What They Found
(FinancialHealth.net) - US Customs and Border Protection (CBP) officials say they’ve seized $900,000 in counterfeit $1 bills. The announcement is good news to thousands of people and businesses that could have been harmed if the cargo had made its way into circulation. CBP found the money at the International Falls Port of Entry in Minnesota late last year in a...

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Pre-Plan Your Funeral — Here’s Why

(FinancialHealth.net) - Only 21.4% of Americans have their funeral plans spelled out for their loved ones, according to a 2017 survey by the National...