How to Keep Your Finances Safe

How to Keep Your Finances Safe

How to Keep Your Finances Safe

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Cyber security — or the lack thereof — could cost a whopping total of $6 trillion in damages by the year 2021, according to a 2019 article in CPO Magazine. With the amount of time we all spend online, establishing best practices for online security should be at the top of everyone's to-do list. From managing your finances online to making sure you only visit trustworthy websites, we've gathered a few of our top tips for online security to keep your finances safe and sound.

Password Managers for the Win
To set a strong password that's less likely to get hacked, experts suggest keeping it long (15 characters or more), using a mix of characters, and avoiding anything obvious or memorable. That's a perfect recipe for forgetting your password. Using a well-regarded password manager (there are free and subscription options out there) keeps your information safe without risking a memory lapse on your part. That means you can log in to pay your NiceLoans! flex loans and perform other online banking tasks safely and securely.

Only Visit Trustworthy Websites
First, make sure you're using safe Wi-Fi networks. Use your own network and router with strong password protection for performing any personal finance-related tasks. Public Wi-Fi leaves your information vulnerable to hackers on the network. Using a virtual private network or your data plan is a better option if you're on the go. While you're shopping or conducting any business online, make sure you stick with legitimate retailers and secure websites. You can always check the website's SSL certificate. An easy way to do so is to look at the URL. It should begin with "https" to indicate that it's secured with an SSL certificate.

Maintain App Security
Nowadays, there's an app for just about everything. Before you download the latest and greatest, double check its security protocols, especially if you're going to use it for any kind of money management or personal finance. When in doubt, skip the download.

Schedule a Daily Review
One of the best practices you can get into is taking just a minute every day to scope things out. It can make a huge difference. If anything looks suspicious, you can alert your bank quickly, which can prevent fraudulent activity from destroying your personal finances. Imagine going to pay for expected or unexpected expenses only to find out that your bank account is at a zero balance because someone hacked your account. Now imagine how much safer you'd feel knowing that that won't happen because you're on top of things. 

As you can see, relying on trustworthy websites is important. If you’re looking for an easy and secure option to get funded, check out NiceLoans!. You can apply at one of our store locations today and walk out with a check in as little as thirty minutes!
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