Welcome to Raising Money$mart Kids!

What do YOUR kids know about the value of a buck? If you're like most families, finances aren't often discussed. Some parents feel that talking about money makes their kids feel like they're poor. Others may not know where or when to start to help their kids learn about budgeting or business or banking.

Here at Raising Money$mart Kids, you will find articles on everything from setting up an allowance to running a lemonade stand to helping kids make better purchase decisions. You can ask questions get help from the community.

So, grab a cup of coffee and pull up a chair!

Wednesday, December 1, 2010

Credit Card Fraud: Are You Protected?

Credit card fraud can happen to anyone- even if you take all the precautions in the world. You can't stop it from happening but you can lessen the chance of having your credit card information stolen. Credit card theft is rising as the economy sinks and it is more important than ever to protect your financial information, both in your wallet and online. Here are some great ways to protect yourself from being a victim:

Simple Steps that Make You Less Vulnerable and More Money-Savvy

 Credit card fraud has been around as long as there have been credit cards. However, it is becoming a growth industry as the economy declines and credit card limits keep rising.

As a professional accountant, I often receive panicked calls from clients who are concerned that their credit cards are not safe. I explain to them that, with some common sense steps, they can make their cards less
likely to be stolen. Protecting yourself from credit card fraud should be a cornerstone of your financial stability. While there is no way to guarantee that you won't be a victim of this type of theft, you can make yourself less of a target. Like any other theft, perpetrators look for the easiest heist. If you make your credit card information more secure, thieves are likely to seek out easier prey. Here are four easy ways to make yourself less vulnerable to these plastic thieves. 


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