Can You Rely on Online Bank Statements?

Gone are the days when you had to retain every single record of your dealings with financial companies, utility companies, your employer, and countless other entities. In today’s world most of the data is stored online and you can be much more selective about which paperwork you have to retain and which you can throw away. [Read more…]

Choosing a Good Short Term Investment Option

If you are considering a short term investment, then you need to look at various factors such as ease and mode of accessing the money, interest rate and the penalties attached to early withdrawals. You should compare advantages and disadvantages of different short term investment options before you settle for one. [Read more…]

Can Social Media Can Hurt You Financially

Social media is viewed as the last decade’s best development by some and the fraudster’s best ally by others. While the debate continues to rage, one thing emerges as a certainty – a good amount of caution and common sense are necessary when using social networking tools. A combination of poor judgment and social networking is a recipe for disaster and can hurt your career, finances and personal security. [Read more…]

Bank Crimes Down by 11%

It has been reported that bank crimes sharply fell last year, by almost 11% compared to 2008. It’s especially food for thought for those who believe that joblessness and poor economy instigates more crime.

The FBI released the bank crime numbers recently which indicated that the total number of crimes have fallen to 6,065 from the previous year’s 6,857 violations reported in 2008. There are some more interesting facts that came to light with respect to these bank crimes. [Read more…]

Does Social Networking Reveal Your Financial Details?

Social networking is an integral part of life for millions of people across the world. People update every incident in their life on their Facebook accounts or tweet about it. However, there is a dangerous side to this practice of sharing personal details, especially financial ones, in an arena where it is not easy to detect or control who is using the information that you reveal. [Read more…]