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Tax Scams And Government Impostor Schemes During COVID-19

Posted by Joe Wallace on May 21st, 2020 · 0 Comment

Have you encountered scams during COVID-19? In any emergency, a certain number of bottom-feeding scammers come out of the woodwork to cheat hurting people out of relief money, mortgages, and more. In the age of coronavirus relief, financial bailouts, and government stimulus checks, it’s important to be vigilant about your personal data and how you respond to unsolicited calls, texts, social media...
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Avoid Coronavirus Scams And Protect Your Savings

Posted by Joe Wallace on Apr 23rd, 2020 · 0 Comment

People are being victimized by coronavirus scams. It’s bad enough that a vocal minority keeps insisting on endangering the greater public good by breaking COVID-19 quarantine measures to protest having to stay inside. To make matters worse there are active coronavirus scams circulating that have promoted action from government agencies such as the Federal Trade Commission and the Consumer Financial...
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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.

Tax Scams And Government Impostor Schemes During COVID-19

Avoid Coronavirus Scams And Protect Your Savings

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Critical Financials’ Basic Personal Finance Rules

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