How to Protect Your Identity During the Holiday Season

Holiday cheer is all around us and winter is in the air, we feel the chill of the season and the happiness of the time of the year. No matter where we go it’s hard to hide from the fact that it’s almost Christmas time. With mistletoe and lit up trees all around, the presence of stocking hung with care we keep our spirits bright all through the day and night. While we all spend the days with family and friends the thought of financial and personal safety are hidden way deep within.

We seem to have a sort of blindness to things that can be bad and detrimental to us all. With the rising threat of criminal activity on the rise here are some things you need to keep in mind. Identity theft is the fastest growing crime in America and around the world; a new identity is stolen every 3 seconds. That’s 20 identities per minute and 240 an hour. If you think you’re safe from these crimes think again.

No one is safe from this. Your identity has several vulnerability points that can be penetrated, your medical records, your DMV records, your credit and social security as well. These are just 3 of the 5 points related to your identity. The most vulnerable point this Holiday Season is your financial identity and here are a few tips to help keep you protected from those who lurk to steal your information and benefit by destroying you in the process.

First and foremost you need to practice safe online shopping. Remember to never give out your personal information to an unsolicited email, only shop at trusted and known online stores and websites that you trust. Make sure that the checkout area is secure by locating the closed and locked padlock on your web browser’s window frame. This will help to ensure that your identity is safe from identity thieves.

All in all online shopping is more secure that going out to your favorite diner or restaurant. Simply due to the fact that there is no margin for human error; you see when you dine out or hand your credit card to a human who runs the transaction manually there is a possibility for the handler to copy your information and start charging away causing you to incur unauthorized charges. When you are online this risk is practically eliminated by secure encryption and light speed processing of the transaction with no human involved.

Secondly you need to remove unnecessary items from your wallet. While you are out on the town purchasing every item on your list you need to leave all of the unnecessary items at home. Lost checkbooks, wallets and credit cards account for 33% of all identity fraud. Only take the minimum with you the single card or checkbook that you will be using. This way amongst all of the confusion and chaos your other valuable items are safe at home.

You need to also have excellent record keeping; as soon as your statements arrive review them. With the ability to review statements online you have the upper hand. Your detailed organization and keen accounting skills will be a third defense of protection. You’ll need to keep your original receipts together for reconciling them against your statements. If you detect any discrepancies you’ll need to contact your bank or creditor immediately.

The most important step of course is having protection for your identity. You can watch, learn and become an identity specialist for your own protection, but who really has time to spend every second of every day performing these activities. In a matter of minutes your life can change without notice; will you be watching while your life becomes impacted? Having fraud monitoring alerts in place is an essential way to keep abreast of your circumstances while you grab a hold of life and get every piece of fulfillment that you can.

You need eyes watching over you while you’re away at work or play and while you’re off having fun while you are away. When you’re in that store this Holiday Season remember that others will be watching waiting and ready to pounce when the timing is right. Be alert now and always through your days protect your self from becoming a victim. Be smart use the tools and technology for your own advantage and defense. Shop smart, protect yourself and relax with ease; while everyone else scurries about carelessly meandering through the shopping malls and retailers unwillingly leaving their entire future wide open.

• What to do after you become wealthy SO you've made it, that "pie in the sky, pipe dream" your friends always said would never amount to anything. You know when you went out to talk with your associates, close friends and family for input or advice. All of your hard knocks, bloody knuckles, sweat and tears combined......
• What's the disadvantage of a refinanced mortgage when performing a loan modification The most differentiating factor between purchase money and refinance money is the legal recourse that the institutional lending agencies have against you. You see when you make the original purchase loan for your piece of real estate your agreeing that if you default that you are not liable. The money......
• Investing in your online accounts with automatic bill pay Many people have tried to systematize a method for automating their investments and although it takes a human touch make the buy and sell calls in the stock market you can charge your investment accounts with your dollars automatically. Set up your account and then when you have all of......
• What's the cost of financial failure What's the cost of financial failure? I had never given this a thought until I had experienced financial hardship in my own life. People never give reason or rhyme to why they have served themselves a bad deal. When financial crisis occurs you wouldn't even begin to imagine the costs......
• Recovering from bankruptcy isn't as difficult as you may think I hear this cry from many people worried about their financial circumstances after they have decided that bankruptcy is their only alternative when it comes to recovering from financial hardship. I'm not an attorney yet I work very closely with them in my real estate business. On many occasions bankruptcy......

• Money Management and Budgeting are Vital for Avoiding Financial Disasters Anyone who is worried or stressed out about their finances right now has probably had concern over whether or not their budgeting and money management tactics are working. It is important that you learn how to develop good skills for money management in this day and age, otherwise you will......
• Easy Ways to Track Your Holiday Spending Financial gurus spend a lot of time talking about the importance of a holiday budget. What these experts don’t always tell you, though, is the best way to track your holiday spending. All of the budgeting and planning in the world won’t help you keep your expenses under control if......
• Free Money Management Tools from Google When it comes to managing our money and investments, creating financial plans, or analyzing our retirement portfolio, I'm all about the free stuff. There are lots of online money management tools around. Google has them as well. I like them because they are easy to use and can be found......
• Teach Your Kids about Money Management It is never too early to teach your children the basics when it comes to good money management. Teaching your children good habits is always wise, and money management is definitely a set of good habits that is better taught sooner instead of later. If you teach your children how......
• What I Learned About Saving Money From Older Generations This is a guest post from MD of Studenomics. If you hate boring finance stuff and love practical tips than Studenomics is the place for you. If you haven't stopped by in a while, don't be shy and please come on over to see the new design. If you enjoy......

Tagged with: credit card fraud • financial crisis • financial management • financial safety • financial trouble • holiday shopping • identity protection • identity theft

Filed under: Uncategorized • education • family • money • money management

Like this post? Subscribe to my RSS feed and get loads more!

Possibly related posts