It’s happening with increasing frequency – people who finally get around to checking their credit card statements see an unusual charge or go to charge a purchase only to find out their credit card is maxed out when they have hardly used it. Credit card fraud is a $200 billion a year business affecting more than 10 percent of households. That means there is a one in ten chance that you can be a victim of credit card fraud. But, if you know the credit card fraud detection and protection basics, your chances go way down.
Life is full of uncertainty and the best laid financial plans must account for the unexpected. The loss of a loved one is never imagined, but the loss of a bread-winner for the family should be considered when building a foundation for a secure financial future. The hard truth is that, without proper life insurance planning, a family or business could experience devastating financial consequences.
Life insurance is a subject that many people try to avoid. Yet, there is no greater expression of love for a family, or no better demonstration of responsible planning than the purchase of a life insurance policy. The fact is, that life insurance, with its many properties, can solve for several financial concerns that people have.
It’s something most Americans don’t think about until it hits the headlines, such as last year when major retailer, Target, revealed that its data base of shopper credit and debit card numbers had been breached. Yet, nearly 15 percent of the population - more than 34 million adults - has reported some form of identity theft, according to the Identity Theft Resource Center. In the first half of 2014 alone, more than 10 million people have experienced identity theft. That makes the odds pretty good that it could happen to you at some point.
Most people of conscience, especially those who have done well for themselves, want to use their resources to do some good in the world. The problem is, as we’ve observed with many of our clients, their charitable giving tends to be somewhat haphazard, often centered on tax considerations; and many times it’s an emotional response that may or may not have the intended impact if at all. It’s not uncommon for some people to gift thousands of dollars each year – but for the sake of what? For what purpose?