The Equifax Hacking and What You Need To Do Now

Equifax HackedLast week Equifax announced that up to 143 million people may have had their information compromised in a hack on their website due to an unpatched application. A security review found unauthorized access that occurred from mid May to the end of July, when the security breach was discovered.

Personal information that was accessed included everything from names, Social Security numbers, birth dates, addresses, and even driver license numbers. Some 200,000 consumers also had credit card numbers stolen, and 182,000 had certain dispute documents with “personal identifying information” stolen.

Read More

The Amazing Superpower Of Compound Interest

Snow Covered MountaintopIf you are young or just graduated from college, the last thing on you mind might be saving for retirement. After all, you still have plenty of time right, since retirement is still over 40 years away. Wrong. The best time to start saving for retirement is right now.

Yes, you could start saving in five or ten years and live it up in your twenties traveling and going out every weekend, but it will cost you. It will cost you a lot more than you think because of a phenomenon called compound interest.

Read More