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Coronavirus And Identity Theft

Posted by Joe Wallace on Jun 17th, 2020 · 0 Comment

One of my own personal experiences with identity theft started with a telephone call from a moving truck rental agency, wanting to know where their moving truck was and why I hadn’t dropped it off as per the contract. The moving company was three states away from me, and I had never lived there or anywhere near it. What we both learned was that identity thieves had managed to fake a drivers’...
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Here are some simple guidelines that will help you build wealth:

1) Do the math. Get a budget and calculate your net worth

2) Get an emergency fund. Save at least 6 months worth of expenses

3) Limit costs. Spend no more than 30% of your income on housing

4) Max your retirement. Maximize contributions to your tax-deferred retirement accounts

5) Pay yourself first. Set aside money for yourself before you take care of your other bills

6) Set goals. Goal let you get ahead faster

7) Avoid high interest debt. Avoid credit cards, title loans and other usurious loans

8) Diversify. Diversity your assets.

Coronavirus And Identity Theft

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Critical Financials’ Basic Personal Finance Rules

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