Avoid Money Scams

Worry about your identity?  So do I.  Here are some tips to avoid identity theft and keep your finances safe.

1. Never give out your Social Security Number.  Banks, airlines, colleges, and other institutions have other ways of tracking your identity.  Politely request that they use one – such as creating an I.D. number for you.
2. Get a paper shredder.  Shred bills and credit card offers before throwing them away.
3. Talk about identity theft with family members – especially teenagers.  Family members are often the victim of identity fraud from each other.  Being open with your concerns with family members can help keep all of you safe.
4. Check your bank statements.  Go over each transaction each month.  Don’t just toss the statement out.  Watch out for transactions you don’t recognize.
5. Get a Post Office Box.  Especially if you receive checks, such as child support or other payments as paper checks.  Have it delivered to a post office box and not to your home.