January marks National Financial Wellness Month and, in today’s economy, now is definitely the time for you to pay close attention to your financial health. Now, more than ever, it is important to be smart with your income and protect your nest egg that you worked so hard to build. Just because the economy falters doesn’t mean that you have to. You can take control of securing your most valuable asset – your identity. Here are some suggestions to take in the New Year to protect your financial health and wellness:
1. Educate yourself on the different kinds of identity theft and scams that are out there. Besides this blog, another good resource for trustworthy information about identity theft is the Identity Theft Resource Center.
2. Review your monthly credit card and banking statements. Make sure that every transaction was done by you; otherwise contact the appropriate institution immediately to start a fraud claim.
3. Shred documents that contain your personal information before throwing them away. This involves the proper disposal of receipts, bills, bank statements, credit card applications and any other paper materials that can potentially be used for identity theft.
4. Safeguard your identity by enrolling into a program such as ProtectMyID.com™ which is one of the most comprehensive multi-layered identity theft detection, protection and fraud resolution product designed to help consumers prevent the damages caused by identity theft.
Keep in mind – this should be a daily, monthly, and yearly proactive habit.