November 22nd, 1992.
That was my first official day as a financial planner. For several months, I had been working hard to get licensed, establish a network of contacts, and get set up to hit the ground running, but Wednesday, November 22, 1992 was my official first day on the job.
My manager generously allowed me to celebrate by taking the next day off. The fact that the next day was Thanksgiving and he wanted to spend it with his family, I am sure was just a coincidence.
Back then, the only days we had off were Sundays and major Federal holidays. The Friday after Thanksgiving was not one of them. So, on Friday the 24th I was back at it – or maybe I should say “at it” since I hadn’t really even gotten started yet.
World War I officially ended at “the eleventh hour, of the eleventh day, of the eleventh month” in 1918. A year later, Woodrow Wilson proclaimed November 11th to be “Armistice Day”.
Congress declared November 11th to be “Veterans Day” in 1954. Since then, we’ve taken this day to recognize and honor all military veterans, both living and dead, who have honorably served in the U.S. Armed Forces.
If you are a military veteran, thank you for your service.
Photo by Glenn Carstens-Peters on Unsplash
Prior to the Equifax breach, I admit to being lax in my personal cybersecurity. In my defense, it wasn’t so much that I was careless, I was just naïve to the risks that we face in our digital world.
Sure, I used passwords and followed all the basic rules. I assumed that big companies, the government and other stewards of my personal data, kept it secure in a way that I could count on.
In the past, that may have been enough, but after the recent Equifax breach, I decided to take a much more proactive approach to protecting my family’s personal information and reducing the risk of more serious problems down the road.
Your passwords – how you create them, how you manage them and how often you update them – are at the core of a strong cyber self-defense plan.
Photo by Les Anderson on Unsplash
Years ago, when your kids were little and your mortgage was big, you probably bought some life insurance. If you had a friend or family member who worked for an insurance company, odds are good that it was a whole life policy. These policies often come with a hefty monthly premium that you are going to pay for… well, your whole life.
Today, however, life is different. Your kids have kids of their own and the mortgage has been paid. Your need for life insurance has gone away, but those hefty monthly insurance premiums; they are here to stay.
A question I am often asked is, “Should I cancel my old life insurance policy?”
Photo credit: Markus Spiske. Unsplash.com
By now you have heard about the Equifax security breach. Perhaps you are wondering if your social security number, birthdate, driver’s license and other personal data have been stolen. You may have even gone to the Equifax website to see if your information has been affected. If not, you can do so by clicking here.
Or I can save you the trouble: Just assume your personal info has been affected by this breach. With the personal data of 143 million Americans at risk, it’s pretty safe to assume that you, your spouse or your kids have been affected by this.
The real question isn’t “has your personal information has been hacked?”. It’s “what are you going to do about it?”.
Below are three steps you can take to help protect yourself from the Equifax hack and others like it.