Financial Literacy for Everyone

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Your Money, Your Responsibility

Keep Your Money and Identity Safe

Safeguard your digits.

Earning money is hard work. It takes time and effort, and it’s just as important to protect your money as it is to make it.

The easiest way to protect your hard-earned cash is to keep it in a safe place. A bank is one of the most secure places for your money because it’s their job to keep it safe. It will give you peace of mind knowing where your money is at all times. Just like you wouldn’t leave your backpack unattended outside, you shouldn’t leave your money where it could be stolen or lost. Protecting your money and information online is just as important as keeping it in a bank. You can access nearly any information online, but with all that access also comes responsibility.

What private information is important to keep safe? Roll over the bubbles to find out.

So what happens when someone gets ahold of your information? They can use your personal information to steal your identity and illegally obtain jobs, credit accounts, mortgages and car loans — not to mention withdraw money from your bank accounts. Luckily most banks protect your money from those kinds of crimes, but it’s always smart to keep your information safe from the start. Personal information of any kind is important to keep secure, even information about your schooling or family.

Make it password protected.

It’s important to put a plan into place when handling your information, including your bank statements and passwords for important online accounts.

Strong passwords should contain uppercase and lowercase letters, numbers, symbols and avoid spelling out words. You should know how to access all of your online information and paper documents if you need it. Your passwords and documents should be kept in a safe place where they can’t get into the wrong hands.

Did you know?

Common passwords like ‘1234’ and ‘password’ are easy to remember, but they are also the most easily stolen. Change yours often and choose complex passwords to keep your accounts safe.

Keep an eye out.

There are a few ways to protect your money and private information.
Use the Internet Wisely

Everyone receives unwanted emails or “spam” from unknown sources, which target people by sending emails to a large number of email accounts. Delete spam emails, especially those that ask for personal information, and keep your antivirus and antispyware software up-to-date. Shop online only with secure web pages (check the address bar for "https" next to an image of a lock). Never email or share images of your identification, bank cards or other personal information on social media.

Destroy Personal Financial Records

Did your parents help you set up a savings account at a bank? Your bank will send you monthly statements telling you how much money is in the account, as well as the number of withdrawals and deposits. Shred unneeded bank documents and other files that contain your personal financial information so that they can’t get into the wrong hands.

Beware of Scams

Never give out information about your bank account or passport via phone or email to someone claiming to represent a bank, credit card company, a government agency, a charity or other organization. If you think the request is legitimate, have your parents contact the company directly to confirm their claims.