Not all innovations are initially successful. Think about the driverless car. It sounded like a great idea — helping the disabled and elderly retain some independence — until the first pedestrian fatality involving a driverless car occurred in Arizona this year.1 Driverless technology may be a work in progress, but it may still have advantages.…Read More
Not having enough money or being concerned about debt is an age-old reason for stress in people’s lives. But what about the stress related to entrusting the wrong person with your hard-earned dollars?
According to the 2016 “Stress in America” Survey, money and finances remain at the top of the list. 72 percent of Americans said that they felt stress about money at least once in the last month. This high percentage tells us that financial stress isn’t just for those with low levels of income and net worth. This survey also explores the health impacts that financial stress can have on people.Read More
Imagine having trouble with your smartphone. You contact your carrier for help, but they say you’re no longer a customer, and that you recently transferred your phone account to another carrier! Welcome to the central act in a growing cybersecurity threat-mobile account takeover. Consider the story of Tiffany and Kevin Bennett, who suffered this new form of identity theft.
One day, Tiffany received an email from her mobile phone company saying the password on the mobile account had been changed. She shares the account with her husband, Kevin, and figured that he must have changed the password, so she ignored the email alert.
A few hours later, however, Tiffany could no longer send or receive any messages. When Kevin tried to call her phone number it rang-but not on Tiffany’s phone. What happened? Someone hacked into the Bennett’s mobile phone account and forwarded Tiffany’s number to a new phone. All of her calls and texts were being forwarded to this number, too. The hacker was then able to enroll one of the Bennett’s credit cards, bought on the black market, in Apple Pay. When the credit card company texted the verification code to Tiffany’s number, the hacker received it instead. With access to their credit card, the impostor was able to spend hundreds of the Bennett’s dollars.Read More
Conventional thinking equates success with happiness. When you see someone who has all the societal symbols of success – an accomplished professional life, an expensive car, a big home, etc. – it makes sense that you would assume that outwardly successful person is happy.Read More
The recent security breach at credit rating service Equifax brings home the reminder that each of us must be ever-vigilant in protecting our private information.1 It can be easy to become lackadaisical. We expect companies with which we conduct financial transactions to keep our data secure. Unfortunately, hackers seem to be advancing their skills…Read More
Ah, the life questions we face. Young adults contemplate which college to attend and how that might affect their future. Women – and increasingly often, men – ponder whether to stay home and raise children, work or both. People contemplate job changes and relocations. And then, of course, a big question: When should I retire?…Read More
Are life-changing innovations a thing of the past in the United States? While today’s technology seems to advance in leaps and bounds, one economist believes it won’t change the fabric of the average American’s life the way inventions like electricity, indoor plumbing and the elevator did in the 20th century.1 Yes, the internet is an…Read More
What do Michael Bloomberg, Arnold Schwarzenegger and Mitt Romney all have in common? When they held public office, each accepted only $1 in annual compensation. President Trump also has chosen to forgo his pay, donating his first-quarter salary – minus an amount for taxes – to the National Parks Service.1 Taxes were deducted from the…Read More
Life insurance is something you purchase, then hopefully don’t need to use until many years down the road. But that doesn’t mean you should stop paying attention to it. As you age, it’s important to monitor the policies you own. Some policies may no longer be needed, while others may be needed now more than…Read More
With so much attention focused on the rifts among and between political parties and the news media, it may seem as if little actual legislation is making its way through our democratic process. However, while President Trump’s major initiatives – Affordable Care Act repeal, tax reform and infrastructure improvements – haven’t been enacted, Trump has…Read More