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10 Ways to Prevent Identity Theft, Without Paying for Credit Monitoring Services!

10 Ways to Prevent Identity Theft, Without Paying for Credit Monitoring Services!

You should not pay for credit monitoring services as a way to prevent identity theft. In fact, most features in specialty identity theft protection plans are replicable at almost no cost. All it takes is a few hours, and you will be able to replicate most of what these services can offer.

There are many things you can do to prevent identity theft, although only certain efforts will have a real impact. For best results, you should try to build security layers that match everything a credit monitoring and identity theft coverage plan offers.

Here are 10 ways to prevent identity theft, while also removing the need to pay for credit monitoring help!

1)   Get your free credit report!

You do not need to pay for credit monitoring to get access to your credit report. In fact, you have the right to obtain a free credit report once a year from each of the bureaus. You can do this through AnnualCreditReport.com — this is the only website legally permitted to promote free credit reports to Americans!

For best results, space out your requests so you can review your credit report every four months.

2) Place a Credit Freeze

A credit freeze will stop an identity thief from being able to open a new account in your name. It’s a security freeze that locks down your credit report. If a new lender wants to pull your file, you must request a temporary lift of your report or get it lifted just for that creditor. No one else will be able to trigger a lift of your credit freeze, unless they know your PIN number.

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Depending on the credit freeze laws in your state, it could cost nothing to as little as $3, and as much as $20, to place and/or lift a credit freeze. You should find your state’s credit freeze laws before requesting it; regardless, make sure you file the freeze request individually with each of the credit report bureaus.

3) Monitor Your Social Security Number (SSN)

If you do not already have a my Social Security account, there are many reasons why you should create one. The most notable would be the Social Security statement you get, which details anywhere your SSN was used. Yes, this is the equivalent of the SSN monitoring offered by many credit monitoring as a means to prevent identity theft. With it, you can catch any instances where your number was given for civil court cases, criminal confrontations, medical procedures, and much more.

Note: If your SSN was compromised, avoid identity theft risks by requesting a new one on the Social Security Administration website.

4) Put an End to Mailbox Dangers

If you have a typical mailbox, it’s a good idea to invest in a lock for it. An even better ‘plan of action’ would be to get a PO box at your nearest post office. This will help a lot to prevent identity theft around tax season. It also helps you to avoid identity theft in general, as it makes your information harder to obtain.

If you cannot get a PO box, at least lower your exposure to sensitive mail. Go to OptOutPreScreen.com and request that you get removed from the mailing list that gets shared by the credit report bureaus.

5) Never Stop Learning!

As a beginner trying to identity theft prevention strategies, there are many common sense factors that you might not understand. This is why it’s important that you take the time to learn more than just what you find here.

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You can find a lot of fundamental advice in Elite Personal Finance’s lengthy guide ‘100 Ways to Prevent Identity Theft’. Once you get more experienced, subscribe to Robert Siciliano’s blog and keep an eye for new posts — he is an identity theft expert, as well as an author for McAfee.

6) Place a 90-Day Fraud Alert

If you are against the credit freeze option, then it’s recommended that you at least place a 90-day fraud alert on your credit file. This can be done by notifying one of the three credit report bureaus of the request; once the initial fraud alert is processed, the receiving bureau will advise the other two to do the same.

The 90-day fraud alert will advise prospective lenders to contact you to verify your identity. This is done by placing a notation on your credit file to inform the creditors that your identity could be compromised. The problem is that lenders do not have to contact you, so it is not a 100% effective prevention tactic.

Remember, if you do place a 90-day fraud alert, it’s important to make a note on your calendar of when it needs to be renewed.

7) Create a Wallet Backup

If your wallet ever gets lost or stolen, there is no guarantee the contents will not end up in the hands of an identity thief. This is why you need to have an easy-to-access list of the various cards, licenses, and other important information, that can be found in your wallet.

Keep an updated list of your wallet’s contents, including card numbers and contact lines. If you lose your wallet, contact each company on the list and let them know before any damage gets done.

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8) Shelter Yourself Online

You need to be careful about what people can find out about you online. The most detailed pieces of information are found in online whitepages, reverse lookup directories, VPN and other online services providers. If you remove yourself from your local directory, most of these websites will not have access to your details anymore.

From time to time, it’s a good idea to search for your name (with location details) in Google. If you have a unique name, you could even set up a Google Alerts for it. Your information might show up in search results if you sign up for a junk mail list, or if it was shared in a hacking forum data leak.

9) Use Your Bank’s Mobile App

Online banking helps, but a mobile app will keep you in full control over your bank account. It might even be possible to set up various types of security alerts, depending on which bank you use. Just make sure to keep an eye on your account every day — watch out for any transactions that should not be there.

You might not prevent identity theft this way, but the faster you know the quicker you act and that makes all the difference when restoring your identity.

10) Freeze Your Empty File

If you have no interest in building credit, do not be fooled by thinking that identity theft cannot affect you. Even those with no borrowing history are at risk of becoming victims–in fact, minors are targeted the most because of this reason.

If there is no credit report tied to your SSN, then make one and freeze it to prevent identity theft from becoming a risk. Otherwise, it just takes a single credit application using your SSN to allow an identity thief to control your report without your knowledge.

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Conclusion: You Can Avoid Identity Theft for Free!

If you want to prevent identity theft, do not bother with credit monitoring services. It’s really just a service that benefits you if you are looking to boost your credit score. To avoid identity theft, you need specialized services that you can actually do yourself!

Therefore, you must take initiative and better your personal security. The framework is there for you to do so, which means it’s just a matter of making the effort.

Before you start, you should also read our post on ‘What to Do in Case of Identity Theft’ to know how to handle it if it does happen to you!

Featured photo credit: 10 Ways to Prevent Identity Theft via google.com

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Last Updated on August 16, 2018

10 Huge Differences Between A Boss And A Leader

10 Huge Differences Between A Boss And A Leader

When you try to think of a leader at your place of work, you might think of your boss – you know, the supervisor in the tasteful office down the hall.

However, bosses are not the only leaders in the office, and not every boss has mastered the art of excellent leadership. Maybe the best leader you know is the co-worker sitting at the desk next to yours who is always willing to loan out her stapler and help you problem solve.

You see, a boss’ main priority is to efficiently cross items off of the corporate to-do list, while a true leader both completes tasks and works to empower and motivate the people he or she interacts with on a daily basis.

A leader is someone who works to improve things instead of focusing on the negatives. People acknowledge the authority of a boss, but people cherish a true leader.

Puzzled about what it takes to be a great leader? Let’s take a look at the difference between a boss and a leader, and why cultivating quality leadership skills is essential for people who really want to make a positive impact.

1. Leaders are compassionate human beings; bosses are cold.

It can be easy to equate professionalism with robot-like impersonal behavior. Many bosses stay holed up in their offices and barely ever interact with staff.

Even if your schedule is packed, you should always make time to reach out to the people around you. Remember that when you ask someone to share how they are feeling, you should be prepared to be vulnerable and open in your communication as well.

Does acting human at the office sound silly? It’s not.

A lack of compassion in the office leads to psychological turmoil, whereas positive connection leads to healthier staff.[1]

If people feel that you are being open, honest and compassionate with them, they will feel able to approach your office with what is on their minds, leading to a more productive and stress-free work environment.

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2. Leaders say “we”; bosses say “I”.

Practice developing a team-first mentality when thinking and speaking. In meetings, talk about trying to meet deadlines as a team instead of using accusatory “you” phrases. This makes it clear that you are a part of the team, too, and that you are willing to work hard and support your team members.

Let me explain:

A “we” mentality shifts the office dynamic from “trying to make the boss happy” to a spirit of teamwork, goal-setting, and accomplishment.

A “we” mentality allows for the accountability and community that is essential in the modern day workplace.

3. Leaders develop and invest in people; bosses use people.

Unfortunately, many office climates involve people using others to get what they want or to climb the corporate ladder. This is another example of the “me first” mentality that is so toxic in both office environments and personal relationships.

Instead of using others or focusing on your needs, think about how you can help other people grow.

Use your building blocks of compassion and team-mentality to stay attuned to the needs of others note the areas in which you can help them develop. A great leader wants to see his or her people flourish.

Make a list of ways you can invest in your team members to help them develop personally and professionally, and then take action!

4. Leaders respect people; bosses are fear-mongering.

Earning respect from everyone on your team will take time and commitment, but the rewards are worth every ounce of effort.

A boss who is a poor leader may try to control the office through fear and bully-like behavior. Employees who are petrified about their performance or who feel overwhelmed and stressed by unfair deadlines are probably working for a boss who uses a fear system instead of a respect system.

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What’s the bottom line?

Work to build respect among your team by treating everyone with fairness and kindness. Maintain a positive tone and stay reliable for those who approach you for help.

5. Leaders give credit where it’s due; bosses only take credits.

Looking for specific ways to gain respect from your colleagues and employees? There is no better place to start than with the simple act of giving credit where it is due.

Don’t be tempted to take credit for things you didn’t do, and always go above and beyond to generously acknowledge those who worked on a project and performed well.

You might be wondering how you can get started:

  • Begin by simply noticing which team member contributes what during your next project at work.
  • If possible, make mental notes. Remember that these notes should not be about ways in which team members are failing, but about ways in which they are excelling.
  • Depending on your leadership style, let people know how well they are doing either in private one-on-one meetings or in a group setting. Be honest and generous in your communication about a person’s performance.

6. Leaders see delegation as their best friend; bosses see it as an enemy.

If delegation is a leader’s best friend, then micromanagement is the enemy.

Delegation equates to trust and micromanagement equates to distrust. Nothing is more frustrating for an employee than feeling that his or her every movement is being critically observed.

Encourage trust in your office by delegating important tasks and acknowledging that your people are capable, smart individuals who can succeed!

Delegation is a great way to cash in on the positive benefits of a psychological phenomenon called a self-fulfilling prophecy. In a self-fulfilling prophecy, a person’s expectations of another person can cause the expectations to be fulfilled.[2]

In other words, if you truly believe that your team member can handle a project or task, he or she is more likely to deliver.

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Learn how to delegate in my other article:

How to Delegate Work (the Definitive Guide for Successful Leaders)

7. Leaders work hard; bosses let others do the work.

Delegation is not an excuse to get out of hard work. Instead of telling people to go accomplish the hardest work alone, make it clear that you are willing to pitch in and help with the hardest work of all when the need arises.

Here’s the deal:

Showing others that you work hard sets the tone for your whole team and will spur them on to greatness.

The next time you catch yourself telling someone to “go”, a.k.a accomplish a difficult task alone, change your phrasing to “let’s go”, showing that you are totally willing to help and support.

8. Leaders think long-term; bosses think short-term.

A leader who only utilizes short-term thinking is someone who cannot be prepared or organized for the future. Your colleagues or staff members need to know that they can trust you to have a handle on things not just this week, but next month or even next year.

Display your long-term thinking skills in group talks and meetings by sharing long-term hopes or concerns. Create plans for possible scenarios and be prepared for emergencies.

For example, if you know that you are losing someone on your team in a few months, be prepared to share a clear plan of how you and the remaining team members can best handle the change and workload until someone new is hired.

9. Leaders are like your colleagues; bosses are just bosses.

Another word for colleague is collaborator. Make sure your team knows that you are “one of them” and that you want to collaborate or work side by side.

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Not getting involved in the going ons of the office is a mistake because you will miss out on development and connection opportunities.

As our regular readers know, I love to remind people of the importance of building routines into each day. Create a routine that encourages you to leave your isolated office and collaborate with others. Spark healthy habits that benefit both you and your co-workers.

10. Leaders put people first; bosses put results first.

Bosses without crucial leadership training may focus on process and results instead of people. They may stick to a pre-set systems playbook even when employees voice new ideas or concerns.

Ignoring people’s opinions for the sake of company tradition like this is never truly beneficial to an organization.

Here’s what I mean by process over people:

Some organizations focus on proper structures or systems as their greatest assets instead of people. I believe that people lend real value to an organization, and that focusing on the development of people is a key ingredient for success in leadership.

Learning to be a leader is an ongoing adventure.

This list of differences makes it clear that, unlike an ordinary boss, a leader is able to be compassionate, inclusive, generous, and hard-working for the good of the team.

Instead of being a stereotypical scary or micromanaging-obsessed boss, a quality leader is able to establish an atmosphere of respect and collaboration.

Whether you are new to your work environment or a seasoned administrator, these leadership traits will help you get a jump start so that you can excel as a leader and positively impact the people around you.

For more inspiration and guidance, you can even start keeping tabs on some of the world’s top leadership experts. With an adventurous and positive attitude, anyone can learn good leadership.

Featured photo credit: Unsplash via unsplash.com

Reference

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