Participants: Cordell Thomas
Series Code: TITTB
Program Code: TITTB000029
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00:01 On Take it to the Bank,
00:02 you'll find ways to get out of debt. 00:09 Solve your credit card problems. 00:14 How to make and stick with the budget? 00:19 Simple ways to save. 00:24 Buying or selling a home 00:26 and many more financial matters on Take it to the Bank. 00:31 Welcome back to another segment of Take it to the bank. 00:35 We are so happy you're here with us 00:36 and we have some wonderful things to talk about. 00:39 Well, technically, they are not wonderful 00:41 because they have to do with your privacy 00:43 and your safety and your security. 00:45 There are so many things that are going on out there 00:47 when you take a look at the technology that we have. 00:50 Some of you may have a smart phone, 00:52 some of you may have a tablet. 00:55 There are many different pieces of technology that are there 00:58 and they provide us different benefits. 01:00 But what is really going on behind the scenes. 01:04 We've talked about how information is used 01:06 and how information is taken from you. 01:10 As a consumer, we need to be aware of what that's all about. 01:14 When I talk about consumer, 01:16 let's make it as simple as possible, 01:17 you and I are individuals that are in a market place. 01:21 In that market place, you and I have an opportunity 01:23 to go at to different locations and purchase things. 01:27 We consume those things. 01:29 So I go to grocery store 01:30 and I buy groceries to put on the table at night, 01:33 I've consumed that. 01:34 I've become the consumer of those products 01:37 at that specific retail outlet. 01:39 So that's key to understand. 01:40 You as a consumer have been conditioned to be a consumer. 01:45 Did you know that since 1984, 01:48 the regulation of advertising has offered 01:50 an opportunity for media giants, 01:53 advertising agents to come after you as a target? 01:58 Did you know that there are different demographics? 02:00 You make up a demographic that's quite interesting. 02:03 I make up a demographic based on my age, my age range, 02:07 I make up a demographic based on my ethnicity, 02:09 I make up a demographic based on how much I make, 02:12 I make up a demographic in how I use credit, 02:15 how I use different sources of technology. 02:19 And that technology that's out there 02:22 is something that is used to get information. 02:27 Corporations are not just there to give you a benefit. 02:31 Corporations are there to develop resources of revenue 02:36 and also data, data on how you consume things, 02:40 how you buy things, what you do with things. 02:43 And so we begin the process of trying to understand 02:47 how do we fit into this whole new era of technology 02:53 and how we utilize 02:54 the technology that we have available to us. 02:57 We had the opportunity to ask 02:59 a couple of young people this question 03:01 about how you identify a scam or a fraud. 03:06 Here is what they say. 03:09 I identify a scam or a fraud when one, 03:11 they ask you personal information 03:13 without providing their name 03:16 or what company they are calling from 03:19 or even sometimes, you know, they'll call you during work 03:22 and you'll ask them, 03:23 "Oh, you know, I don't have time right now, 03:25 can I have your number and I'll call you back." 03:27 And they refuse that or saying this is the one time thing, 03:30 then that kind of check, 03:33 a little check marks should come up. 03:36 That one could be a little tricky sometimes 03:38 because a lot of companies and a lot of people nowadays 03:40 they try to look as much as legitimate 03:42 as they can as possible. 03:44 But good thing to try to get what it says, 03:47 If somebody is offering you a service, 03:49 you want to know, like what's the company, 03:50 how many years it has been in business, 03:52 I mean, and then you want to see 03:54 if they are part of the better business bureau 03:56 to make sure that they actually are reliable company. 03:59 If it's a place where you're buying appliances 04:02 or you're buying just stuff for your house, 04:04 you got to make sure like if you're not gonna get, 04:08 be victim of fraud in this in a sense of, 04:11 they offer you a credit card with certain interest 04:13 and you didn't read the fine print 04:14 and then it's not really fraud 04:16 but it could be considered fraud to you. 04:18 Also, be careful when you use, 04:21 I mean, your pin card some times. 04:23 'Cause when you, you put your pin number 04:25 for your bank card when you're buying something, 04:27 you gonna make sure you're at the good establishment 04:29 because if you are like in a place where, you know, 04:31 there's not many cameras, or there's not much security, 04:34 then you can get information taking away from you. 04:41 It's interesting when you look at scams and frauds. 04:44 There are demographics that are targeted. 04:47 I'll give you an example. 04:48 One of the targets they go after 04:50 are specific to income brackets. 04:52 So 35 to 40,000 dollar a year wage earners 04:55 are typically targeted. 04:57 Those that are of ethnic minorities 05:00 such as African-Americans and Hispanics are targeted. 05:03 And of course, there are those that are 65 plus are elderly 05:07 that are targeted and these are big issues. 05:10 We have no idea the level that is actually, 05:14 scams that are actually going on out there. 05:16 I know of a family that told me of their elderly parent 05:19 that was being scammed by someone. 05:21 They were asking them to go to Western Union 05:24 and make a payment to help out 05:28 a friend that was in another country 05:30 or in this case, 05:31 they were asking him to pay for a lottery that he had won. 05:36 Always a warning sign. 05:38 If you don't remember entering a lottery, 05:40 there is something that you have to, 05:42 that's the first thing you should question. 05:44 I don't remember entering any type of lottery. 05:46 But they don't think that way. 05:48 It's whoa, I've won a lot of money. 05:50 Let me pay the fees. 05:52 One thing you need to know 05:53 is, when you're working with the banks, 05:56 and you're working with these type of funds 05:58 that can come into your, into your care, 06:01 you don't have to pay a fee to get to your funds. 06:06 There are other scams such as hey, you have won a lottery 06:11 and the check is in the mail 06:12 so they send you a check and you have to go to the bank 06:15 and you cash the check 06:17 but then, they ask you to write a check 06:20 or an amount back to them 06:22 to cover the fees of sending it. 06:24 Now what is the problem there? 06:26 Let me advise you of how the bank system actually works. 06:30 When you go to a bank teller, you provide them that check. 06:35 It's a document, 06:37 a document that carries cash along with it. 06:40 Meaning that there has to be some funds 06:43 at the bank that it's been given from. 06:47 In many situations, 06:48 these frauds mean that these tellers 06:52 at the banks should be able to pick up 06:54 if a check is not accurate. 06:58 But these new checks that are coming out, 07:01 look so much like the real thing 07:02 that in many situations, they get beyond the teller. 07:06 And that's when we get into the danger situation 07:08 because you now have cash to check. 07:10 The bank in and out of itself 07:11 is mandated by law to give you a portion 07:14 of that check back. 07:15 They don't necessarily clear the full check 07:17 but you have access to certain amount of funds. 07:20 What we have now is an interesting situation 07:22 because you have deposited a check, 07:25 possibly a fraudulent check. 07:26 They've given you access to some of those funds, 07:28 the bank has not caught the situation or scenario 07:32 and then you go now and start spending the money 07:35 that you had in the bank. 07:36 And as a matter of fact, 07:38 you actually start writing those checks 07:40 that they've asked you to send over to them 07:43 or what in some cases they do, 07:45 they'd ask you to actually take the cash 07:47 out of your bank account 07:48 and go to a Western Union and send the money. 07:51 Now there's many warning signs that are going on right now, 07:53 should be going off in your mind. 07:55 Western Union, when you send some thing to somebody 07:57 that you've never met, that's very, very dangerous. 08:01 Number two, Western Union, when the money is gone, 08:04 it's gone and once the individuals pick it up, 08:08 there is no way you can get access to it back. 08:10 So the care that you need to take in substantiating 08:13 that that check is good, 08:17 is something that is difficult to do 08:20 if you don't know the person sending you the check. 08:22 So, if you receive the check in the mail, 08:24 and you don't look, know the person 08:25 that sent you the check, 08:27 that should also be some type of warning sign 08:30 and you should take some due diligence 08:31 in checking on that. 08:33 Your, that check that you have deposited 08:35 goes through bank 08:36 and that bank then sends it off 08:38 to a regional clearing house for the bank. 08:41 That regional clearing house works on the check. 08:43 It takes, that puts the funds into your bank account 08:46 and they take that check and wire it to the other bank, 08:50 the sender's bank's clearing house. 08:53 If that clearing house doesn't exist, 08:55 then the bank goes elsewhere and it eventually ends up 08:59 back in the hands of another bank teller, 09:02 local teller that basically says this check is a fraud 09:06 and then they go back to your account 09:09 and pull that funds from your account. 09:12 And then of course, because it's a fraudulent check 09:14 and the fact that you've probably used the money 09:17 that has been deposited to your account. 09:20 Now you are in arrears 09:21 for the full amount of the check, 09:23 plus whatever you sent over 09:24 to that individual asking for the funds. 09:27 These are typical type of scams that happen 09:29 on an ongoing basis. 09:31 And did you know the time frame that it takes for that check 09:36 to go through the initial system 09:37 and through the clearing house 09:39 is about two to two and half weeks. 09:41 If you know the system 09:44 and you don't know the sender of the check, 09:47 you have to think twice 09:48 about the fraud that could happen to your specific account. 09:53 You are held to a higher level of understanding 09:55 because many people aren't aware 09:58 of how these things can impact their credit, 10:00 can impact their ability to open up 10:02 of the checking account 10:04 and all it takes is just one specific situation 10:07 that you aren't quite aware of 10:10 and fraud happens all the time. 10:14 The individual that have been sending this money out 10:17 because he was told that he was getting about a 250,000 plus 10:22 lottery win. 10:23 He had sent out in the tune of almost 10 to 15,000 dollars 10:27 before his family members, caught the situation and asked 10:30 and held the grandfather accountable 10:32 and said, "Hey, what are you doing? 10:34 Why are you sending this money, who are you sending it to? 10:38 One of the things we do in our lectures 10:40 that we provide 10:42 to many different organizations is this. 10:43 We talk about financial literacy 10:46 as the critical think on money. 10:50 Every element of your life, the time that you wake up 10:52 to the time that you go to sleep 10:53 is time that is allotted to you 10:55 either making money or wasting time. 10:58 Time is money. 11:00 And the care that you take in understanding 11:03 how you use your time is critical. 11:06 It is critical that you understand 11:07 the different schemes that are out there, 11:10 the fact that you are a targeted demographic 11:12 and knowing when something is too good to be true, 11:16 it typically is too good to be true. 11:19 And those are the kind of things 11:21 we need to begin thinking about as we talk about these things 11:25 called scams and fraud. 11:27 There's a gentleman that I'd like to introduce to. 11:29 His name is Mr. Joshua Hernandez. 11:31 We have become good friends as he is a financial planner 11:34 in the Orange County area of California. 11:37 We had a chance to talk about this specific issue. 11:40 He's not necessarily an expert on that area 11:43 but it was good to have a conversation with him 11:45 as he explained, as we had a talk, 11:47 and he explained some of the things 11:49 that you should be aware of 11:50 as we look at the issue of scams. 11:54 Here is some of what we talked about 11:57 in this initial segment of our meeting. 12:02 Scams. 12:03 They are relevant, they are part of our lives, 12:05 they are things that impact our lives every single day. 12:08 And we're talking about the critical think. 12:10 How do you answer the question when someone comes to you 12:12 and say, I have this great offer. 12:15 And you know what, Joshua, I think what's interesting 12:17 is several of the clients that I meet with 12:20 and talk about this critical think on money 12:22 have to come to me with example letters 12:24 that they have received in their email 12:25 about hey, I am a person from Nigeria 12:28 and I have 14.5 million dollars 12:30 that I need to put into a specific bank account 12:33 and I'll be happy to give you 13 million of that 12:37 to take care of this transaction for me. 12:39 Now, you know, I'm not here to tell you 12:42 what's right or wrong, a scam, gifting, 12:45 this and that and the other. 12:46 I think it's probably more appropriate first to give us-- 12:49 give them some signs to look for 12:52 and things that they should be aware of 12:54 because everyone wants access to people's money, correct? 12:58 Yes, they do. 12:59 And have you seen some of these things go on? 13:03 Have you had access to those to some of your clients or? 13:07 Yeah, you know, over the years, you know, I've had clients 13:10 that, you know, talk about their investments, 13:12 how they had to take some money out of their investment 13:16 to their saving's programs to fix problems 13:18 that have happened because of fraud and scams 13:20 and things like that. 13:22 Boy, if I were to have donated 13:24 or help someone in another country 13:26 because they needed my help that I didn't know, 13:30 I'll be a millionaire if all those things were true. 13:33 Chances are, if I helped everyone, 13:35 I'd have no money in my bank account 13:36 because they are all scams, usually they are all scams. 13:39 True. 13:44 It's very interesting as you look at imp of scams. 13:47 They are a dime a dozen. 13:49 They are everywhere and they know who you are, 13:52 they know that you are a target 13:54 because there's a lot of information 13:57 about you that's out there. 13:58 Let's talk a little bit about some of these scams 14:01 that are out there. 14:03 These scams come from credible resources 14:06 but you know there's problems with it 14:08 when you, they are asking you to send money 14:11 through the Western Union, 14:12 when they are asking for account information, 14:14 when they are asking you to send money 14:16 to an individual that you don't know. 14:18 I had talked to someone at, I believe it was MoneyGram 14:21 and asked them about the same situation. 14:22 I said, what is it that you have in your profile 14:25 to help people to protect themselves 14:27 against these type of scams 14:28 and they say, a couple of things. 14:30 Don't send to somebody you don't know. 14:34 If you don't know the individual, 14:36 you've never met the individual, 14:37 there is no credibility behind the individual, 14:39 this individual doesn't know your bank, 14:41 that doesn't know who you are 14:43 and they come to you saying, you won a lottery. 14:45 First question you ask, 14:47 which is what we tell people well, 14:49 in this critical think on money is, 14:51 ask that one critical question. 14:56 Ask the question of when did I enter a lottery, 14:59 what lottery did I enter, 15:01 when was it that I entered the lottery. 15:03 You ask those three question in rapid succession 15:05 and they can't answer it, you'll know something is up 15:08 and they are asking for something 15:10 that they are just in interested 15:14 in getting information on you 15:16 and then getting access to your funds. 15:18 Remember, the information is out there. 15:20 The moment you go into a store and you sign a warranty card, 15:23 it's information that goes into a database, 15:25 depending on what you put on that warranty card 15:29 is information that gets into a system 15:32 that's sold to other parties. 15:34 It's a money making scheme that gives other organization 15:39 access to details about you and your life. 15:41 It can get actually dangerous. 15:43 One young lady was told, actually got her warranty card 15:47 and she entered all the possible information 15:50 on that card. 15:52 It was asking information about, is she married, 15:55 is she single, she have children, 15:57 what are her hobbies, what she like to do, 15:59 where does she go on vacation. 16:01 Not just the typical, here's my name, 16:03 here's my phone number and here's my address 16:07 but other details about her life 16:09 that she wasn't aware of and she got 16:11 a very interesting letter from an individual 16:15 who's incarcerated at the one of the area prisons. 16:19 Very detailed letter 16:21 because he seemed to have information on her 16:26 that was only made available 16:29 through what she'd indicated on her warranty card. 16:33 She didn't realize that the prison system 16:36 was using some of the prisoners 16:38 to go through the warranty cards 16:42 on that specific individual 16:44 and she now had revealed 16:47 so much of her personal life with an individual 16:51 that really didn't need that information 16:53 and she had to go through a lot of work 16:55 to unravel some of the information 16:57 that was out there to find out 16:58 who it was and how she could protect herself 17:00 because now, hey, that individual 17:03 not only has her private information, 17:05 knows her thinking patterns 17:08 and where she goes and what she does 17:09 but also has her address and her phone number 17:12 and her email information. 17:15 And then that information 17:17 gets into a whole other system 17:19 that provides people that detail 17:23 that they need to say, 17:24 this is a good target for whatever scam that I have. 17:28 And they do it in the most innovative ways. 17:31 Have you received email in your inbox from someone 17:34 in a foreign country that's asking, 17:36 telling you that they have 15 million dollars 17:41 and they would be willing to give you 17:43 a large portion of it if you would pay 17:46 for the transfer into your account? 17:48 Watch that, watch that very carefully. 17:50 Any type of person that contacts you 17:54 and asks you to send money 17:57 to gain access to funds, 17:59 is something you should watch very carefully. 18:01 And there are some other tools and mechanisms 18:03 that you should learn about 18:06 that will help prevent this type of behavior 18:08 in the near future. 18:10 But before we move any further, 18:11 I'd like to go back to Mr. Joshua Hernandez 18:14 and the conversation continues 18:16 as we talk about how we are able to recognize 18:19 fraudulent behavior such as fraudulent checks 18:22 and here is our conversation. 18:26 One of the things that people should be aware of 18:28 is how your bank system works, 18:30 what happens with the check that comes in, 18:32 you should go and talk to your bank 18:34 and find out how this thing works 18:36 because you know, when you cash a check, 18:40 they as you know, the laws associated with banks, 18:43 they have to give you 18:44 at least a portion of that check 18:46 that you've deposited to your account. 18:47 So now it's incumbent upon the bank 18:48 to be aware of any fraudulent checks 18:50 that are out there. 18:52 And many of the tellers may not be able to catch 18:53 some of this really good works of fraud with checks. 18:57 And one of the items that we are dealing with, 18:59 I've talked to one client who said, 19:01 I received a check. 19:04 I won a lottery, well, my first question was, 19:06 "Did you enter a lottery?" 19:08 "I can't remember entering that lottery." 19:10 And I took the check to the bank 19:12 and they cashed the check. 19:14 Now what would be your advise from a perspective 19:18 on how you'll advise somebody from a standpoint of 19:22 if something is too good to be true, 19:23 is it typically too good to be true? 19:25 You took the words right out of my mouth, Cordell. 19:28 If it's too good to be true, usually it is 19:31 and then once that crossed your mind, 19:33 then you research. 19:34 Who is this person? Where is it coming from? 19:37 You know, how is it, 19:39 are there programs out there like that. 19:40 You know, do some research on, is that true, is that real. 19:44 So who knows, maybe there is a possibility 19:46 of some thing like that could be out there. 19:48 You know there is grant money. 19:49 Grant money is available, somewhat free money 19:52 as long as you ask for it. 19:54 If you fit a certain category and you meet the criteria, 19:57 and so that's kind of how I think about 19:58 those things but you want to be very careful. 20:00 I do know, you know, personally I've been affected by, 20:05 you know, maybe that it tend to be 20:07 affected by, you know, scam artists. 20:08 You know, my one day my account was blocked. 20:12 I couldn't use my debit card anymore. 20:14 And I called my bank. I said, well, what happened. 20:16 They said, you have no money in your account. 20:18 And I said, well, what do you mean? 20:20 It says, yeah, well, you have money 20:23 but it's frozen. 20:24 And as I was in here in Los Angeles County 20:27 and the day before, just the night before, 20:31 you know, there was a big purchase 20:33 of $500 in Palm Springs using that same account. 20:36 So one of the things that I do see happening 20:39 that's really good is a lot of banks 20:40 are noticing these things 20:41 and they see your trends of purchases, 20:43 where, how much, the average dollar amounts 20:46 and if they see anything off, 20:48 they are actually having indicators 20:49 that are you know, 20:51 kind of as a red flag that tell them to stop. 20:53 So they froze my account. 20:54 That was not me in Palm Springs having a good time. 20:56 I wish it was me and make some fun purchases out there. 20:59 But it wasn't. 21:00 So you know, they replaced my card, 21:02 they refunded my money and it was pretty seamless. 21:05 It worked out pretty good for me. 21:07 Just the other night, there was another purchase 21:09 and there was a text message on my phone. 21:12 "Did you make this purchase?" 21:14 And I had in fact, made this purchase. 21:17 So they are doing things which I like is helping us. 21:24 It's really interesting out there and it's really 21:26 a hazardous world we can get into 21:27 if you are just not prepared in what to do. 21:31 And you heard some of the comments that were made. 21:34 Technology is actually enhancing 21:36 some of our ability to protect ourselves 21:38 but technology is also, and opening up 21:41 so many new venues for individuals 21:43 to get to our data. 21:46 So, as we talk about what we can do to prevent 21:50 some of this behavior on our relative information 21:54 that we have is we need to start 21:56 taking more proactive approaches. 21:58 One of the things that fraudsters will do 22:00 is they look through mailboxes. 22:03 What I advise people to do is you get a lot of these 22:06 pre-approvals on credit cards coming into your inbox. 22:09 If you go to opt out prescreen.org I believe it is, 22:13 you will have an opportunity to say, 22:15 hey, I don't want any more of these, 22:18 these offers coming to my inbox or my mailbox. 22:21 A lot of what people are doing now 22:23 is they are trying to get mailboxes 22:24 that actually lock in our sub development 22:28 that we live, we have mailboxes that have locks on them 22:31 that hopefully prevent people from trying to get in there 22:34 and take those things out. 22:35 So, we are having to stay, try to stay ahead of those 22:38 that are trying to do whatever they can 22:41 to take our information. 22:43 The obvious is true. Get serious. Don't get scared. 22:45 Try to figure out what you're gonna do 22:47 and I just recently heard, hey, if you're going on a trip, 22:50 tell your credit card agency that you are going on a trip. 22:52 It would be a good idea 22:54 because now they see a purchase out in Tahiti 22:57 somewhere, they know that 22:59 oh, yeah, he did tell us he's gonna be there. 23:01 But one of the nice things is, it's always a trigger. 23:04 If they see things on my behalf 23:06 that isn't supposed to happen, they give me a call. 23:09 Hey, did you do this, did you buy this 23:11 because we saw this purchase 23:13 and you are not typically in this area. 23:15 It does right back to the idea that our credit card companies 23:20 are watching our behavior patterns. 23:22 Technology is a great thing but it's giving 23:25 a lot of our information and our behavior patterns 23:27 up to those card companies. 23:30 Because did you know that as they track that behavior, 23:32 they know okay, Mr. Thomas takes, 23:34 drive to work, he drives about 15.5 minutes. 23:37 So we know the range and patterns of his movements. 23:40 He will typically but this best buy. 23:43 He will typically buy his groceries 23:45 at this specific organization. 23:48 He will typically do a specific, 23:50 he has a specific pattern of how he does things 23:53 and if he has changed that pattern, it drives a trigger. 23:57 You know that many of the new jobs 23:58 that are out there, the new wave of technology jobs 24:02 or those that can be great programmers 24:04 that can provide real information 24:07 to organizations about the patterns 24:09 that we have in our lives and it will trigger 24:12 some type of notice to that organization 24:15 and you can actually download alerts 24:18 to your smart phone that can give you an idea 24:20 of something that just happened. 24:21 In fact, as simple as information of you 24:25 that goes out to the internet 24:26 on specific internet organization 24:30 that based companies, 24:33 it can, if your name goes out in that venue, 24:37 it will trigger an alert to you saying 24:38 hey, your information has been sent out via the internet, 24:44 via the world wide web 24:46 and it can make you aware 24:47 of information that's out there. 24:49 There are websites that can help you 24:51 watch your credibility, your character online 24:55 and help remove some of that information 24:57 and there are other steps that you can take 24:59 relative to what is out there 25:02 to contain some of that information. 25:05 But the one thing I will say is this, on the internet, 25:09 on any type of social network, 25:12 when information goes out, it is gone. 25:16 There is no way to bring it back. 25:18 And there needs to be great care 25:20 in taking care of that information that you have. 25:24 One of the other things that you should do 25:27 is lock down your information. 25:29 Lock it down. 25:30 If you have a smart phone, put a password 25:34 so that if someone finds it somewhere or you lose it, 25:37 it's harder for them to get into 25:39 your, your smart phone device. 25:43 Number two, listen, if you have a lot of information 25:47 on your smart phone, you know what happens 25:50 when you back up your smart phone 25:52 or you sync it, it goes 25:53 to some kind of storage device in the sky. 25:56 I'm very serious. 25:57 Because of such a space capacity 26:00 of the information that's been held 26:01 on all of us are in the globe, 26:04 we need other mechanisms for containing this information. 26:08 So, we have storage devices which have, 26:10 it's in a virtual space and not in a tangible space 26:15 where they save your pictures 26:17 and your files and your documents, 26:21 encrypted spaces that you, they tell you 26:25 that nobody can get access to it. 26:27 But how many times do you hear of organizations 26:31 that have been hacked into 26:33 and a lot of information has been gained access to. 26:37 We have had that same thing happen in our life 26:40 where we found that the health insurance agency 26:43 that held our son's health information 26:46 was hacked into and we got a letter, 26:50 several weeks almost a couple of months later, 26:52 that oh, by the way, this happened, don't worry. 26:55 We're giving you this offers so you can freeze the account 26:58 if anything happens on your son's behalf, 27:01 which is a other big area of concern 27:04 because many of these fraudsters 27:06 are looking for information 27:08 on children social security information 27:10 and many people are now becoming aware 27:13 of the children having bad credit 27:18 before they are even old enough to have credit 27:20 because many of these databases are stolen, 27:24 hacked into and sold around the globe 27:27 to market that's willing to purchase them 27:30 and use them to acquire other goods. 27:33 This is a big, big issue as we take a look at fraud, 27:37 as we take a look at identity theft 27:39 and we'll look at the technology 27:42 that's available to us in how we use that information. 27:47 It's critical that we take a step back 27:50 and start to think about 27:51 what is it that's important to me, 27:54 what type of information do I need, 27:56 how do I utilize the technology that I have 27:59 and most importantly of all, 28:02 is how do I respond to those offers 28:04 that are coming into my mailbox, 28:07 physical mailbox or virtual mailbox 28:09 because all of the information, 28:11 you have to ask that critical question, 28:14 this critical think on money is very, very important 28:17 for each one of us 28:18 because you as a demographic are a part of a specific group 28:22 and that group is being targeted by individuals 28:25 who have nothing better to do 28:27 than to take your money. 28:28 It is your money. 28:30 You worked hard for it. 28:31 Utilize it in a strategic ways that are necessary 28:34 so that you can develop a program 28:36 for saving your money, 28:38 to develop a program for investing your money, 28:40 to develop a program that will enhance your happiness 28:45 by being able to give and support 28:48 non profit or as ministry such as 3ABN 28:51 in supporting the gift of the gospel. 28:55 That is what I have for you today. 28:57 Please take care and Take it to the Bank. |
Revised 2016-03-28