Nakichi Kusakataro

Asian Investing Tips

Author: Joe Fletcher

5 Ways To Protect Your Financial Information Online

Each year millions of people get their personal information stolen online. Hackers and other criminals are always a step ahead of law enforcement. However, there are some things that you can do to help protect yourself online. Below we will learn some tips that can help protect your financial information.

Don’t Leave Your Password Laying Around

This is a common mistake that many people make. They will write down their banking passwords and leave it next to their computer. This is never a good idea! Anyone that comes into your home or office can access your account. Instead, keep your passwords in a secure location that only you know about, or use safe, online password management tools.

Update Your Passwords Regularly

We are all guilty of using a password over and over again. It can be hard to remember so many different passwords, however always using the same one could make it easy for someone to compromise your information. Instead, make sure you change your password at least once a month. This will protect your accounts and keep you safe. If you have trouble remembering passwords, you can use a secure password manager to store all of your passwords.

Only Use Secure Internet Connections

Do you log in to the Wi-Fi at your local coffee shop? How about when you go to the mall? Do you use their free hotspot? If so, you could be putting yourself at risk! Only use a secure internet connection to log in to your bank account, or opt for using your cellphone’s data. If you do a lot of traveling, you may want to invest in a personal Wi-Fi on the go device. These devices will give you secure access to the internet and they only cost a few hundred dollars. 

Monitor Your Accounts Everyday

Every morning when you wake up, you probably check your email. When doing so, you should also verify all of your financial accounts. By monitoring your accounts every day you will be able to spot any strange activity quickly. You can also set up alerts in your account that will alert you when money has been transferred out of your bank. Many banks offer this service free of charge.

Shred Unwanted Personal Information

Do you have a lot of bank statements and other personal information just sitting around? If so, you should destroy it instead of simply throwing in the recycling bin. Shred them before tossing them out. This will make it impossible for your personal information to be read by anyone.

These tips will help protect your financial information online. Remember to never use public Wi-Fi, and always monitor your accounts daily. Doing so will help protect your identity.

What Happens If I Don’t Sign The Divorce Papers?

Divorce can be a challenging time in your life. This is particularly true if the decision to split up isn’t yours. It’s easy to want to avoid talking about divorce or thinking about the process, at all. You may even want to ignore the divorce papers that you’ve been served. The divorce can’t happen if you don’t sign on the dotted line, right?

Not necessarily. Ignoring the fact that your spouse has filed a petition for divorce may delay the process, but it won’t necessarily stop it from happening. In fact, putting the papers aside could actually do much more harm than good. It’s always best to be involved in your divorce, even if you’re not happy about the split.

Contested vs. Uncontested Divorce

There are two parties in a divorce. The spouse that files for divorce is known as the petitioner. The spouse that is served with divorce papers is known as the respondent. How a divorce will unfold will depend on how the respondent reacts after they’ve been served.

Contested Divorce: A divorce is contested when the respondent doesn’t agree with all or some of the terms of the split. This may include issues with how property is divided, who gets custody of the kids, and spousal support obligations. As the respondent, you have to make it very clear that you contest the divorce. The best way to do this is by filing an answer to the divorce papers with the court. Filing your answer will classify your case as a contested divorce.

Uncontested divorce: A divorce is uncontested when either (a) the respondent doesn’t sign or respond to the divorce papers, or (b) the respondent agrees to all of the terms without issue. When a divorce is uncontested, you lose the right to negotiate for terms that you believe are in your best interest.

Why Should I Sign the Divorce Papers?

Divorces are complicated. This is true even if you’ve only been married for a short period of time. Why? A judge will want to see that you’ve fully addressed certain issues that impact your split. These issues, known as the “terms” of your divorce, include:

  • Property division and allocation
  • Child custody
  • Child support
  • Alimony, and more.

The spouse that files for divorce outlines how they would like these issues to be resolved. In some cases, these terms will be fair to both spouses. In other cases, the petitioning spouse may try to secure terms that are much more favorable to them. They may ask for sole custody of the kids, demand ownership of the property you value most and request expensive financial support. The only way to negotiate terms to your liking is by responding to the divorce papers.

You typically have 30 days to respond to divorce papers. A judge can issue what is known as a default judgment if you fail to do so. A default judgment means that the terms proposed by your spouse will be accepted. You’ll lose the opportunity to fight for terms that are more favorable to you. The divorce will be finalized despite your efforts to make it stop. For a free consultation, visit us at paducahdivorcelawyers.com

What To Look For In A Divorce Lawyer

If you are seeking separation for your spouse, you will also be seeking an experienced divorce lawyer. Hiring the right lawyer can make the entire process smoother ad stress-free. Contact our office today to arrange a free consultation. Here is what to look for in a divorce lawyer.

You’ll want a trustworthy divorce lawyer on your side, but beyond that, what you should look for in a lawyer depends mostly on what you value and what you want to get out of the divorce.

If you expect to fight every step of the way – and if you’re keen on fighting back, and don’t care much for compromising – then you should get a notorious battler.

In most cases, though, you’ll probably want a lawyer with whom you feel comfortable. Do you feel assured that your lawyer is listening to you, and using your best interests to navigate? Will you get the lawyer you pick and pay for, or will that attorney hand you off to others in his or her firm after the consultation? You want some who can foresee problems and possibilities you wouldn’t – you also want someone with a reputation for creative, innovative solutions to the knotty problems of asset division, alimony, and child custody and support. You’ll want a lawyer who can give you peace of mind and fight for a fair and equitable outcome for you and your children.

In your first consultation, your lawyer should be able to help you get a feel for the cost and timeline of divorce. You should start asking questions about strategy right away. What are the advantages of litigation versus mediation in your case?  What percentage of that attorney’s cases go to trial? Is your lawyer amenable to sitting down with your spouse and his or her attorney and having a settlement conference in the office? Be open about whatever is on your mind. No two divorce cases are the same: you want to know your lawyer is listening to you, and ready to come up with creative solutions to meet your needs.

If you are considering divorce, or have been served divorce papers, you need legal counsel that works diligently to protect your best interests, Kristen S. Simpson can provide the assertive get compassionate support you need to move forward with your life as quickly and easily as possible. Call today to schedule a consultation.

Why Do You Have So Much Debt?

People often end up in large amounts of debt and try to figure out how and why they have ended up in this precarious situation. Surveys from many of those already in debt tell us that it often comes down to an over-reliance on credit cards, while also failing to create and stick to a budget. We discuss both this situation in further detail in the paragraphs below. 

Personal debt can be triggered by unfortunate circumstances such as employment or being met with unexpected emergencies such as auto accidents or medical bills. However, the root causes usually stem from an over-reliance on credit cards. We often make impulse purchases and cost-justify it with the deceptively low minimum payments that the bank stipulates. Although this may originally seem like a good idea, imagine a scenario where you are making a large purchase that costs an entire month’s salary and you put it on your credit card because your bank only demands $20 minimum payments.

When you make just the minimum payment, it incentivizes you to delay paying off your debt in full, resulting in exorbitant interest charges over time. When you have finally paid it off, you may very well have paid twice as much as the original sticker price on your splurge purchase.

Not having a budget.

Skipping this step is akin to not having a roadmap as you make your way to an unknown place. The truth is that it is practically impossible to get out of debt if you skip this step. You may originally feel like this step is too complex but think about this: people who accumulate large amounts of debt ended up in such a position by not taking this action step, and they will very likely never get out of debt unless they take this first step. In the United States, where consumer debt is rapidly increasing, a major of residents are spending more money than what they bring in.

By neglecting to actually devise a roadmap on how you will become debt free, you will statistically continue accumulating debt on your debt by the way of finance charges. 

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