This is a compensated campaign in collaboration with CHASE and #WeAllGrow Latina Network.
I love money. Money makes me happy– to a certain extent of course. With money you can buy whatever your heart desires– umm with limitations. Okay, the point is we work for our money and hold it to a certain regard in our lives. We carefully divide our bucks to pay our rent, necessary purchases and some splurges, so why do we think that by just putting money in our savings that’s “protecting” our money? Well folks, it’s not. There’s something called fraud.
It’s Hispanic Heritage month, a month honoring our heritage and holding our future. I figured that I’d share some tips that were passed down to me from my parents and their parents who taught me a little thing about money. I swear I was a second old when my mom decided to open up a savings account for me– she’s that neurotic. Revelation, I think that’s where I get it from! When all my birthday money or those occasions where people just gave you money (gracias dad) it was always something my mom said, “okay we’ll take a few bucks for you to spend, but the rest goes in the bank.” It was something I was use to and never fought. Passing that on— the kids have savings accounts at Chase because even at the mere age of one they should start saving all that birthday money!
Something else besides having the mindset to save, save and save. My parents always drilled into my head that there were bad people in this world who could steal my identity and take my money. Therefore, being on top of my accounts was important. Look over statements– online statements. They state that online statement is a much better way to stay on top of your accounts instead of paper statements. I know many may have a difficult time with this, I still do, I still have paper (shocker, hold the phones)! My boyfriend likes to call me old-school because of that bad habit, but I suppose if it’ll keep fraud farther away from me I’ll just have to succumb. If there is any discrepancies from those statements make sure to call, one of my mom’s favorite places to call is the bank, seriously.
As Brittney Castro, Founder and CEO of Financially Wise Women states in her video, make sure to sign up for account activity alerts, the bank will contact you whenever there is any suspicious activity that they see on you account. This is the best feature ever! Every now and then I’ll get an email alert to purchases that seem out of my norm, especially when I get in my splurging modes or when Christmas is upon us. These are also great because you don’t have to wait a month to get your statement (if your still rocking with paper) to see the possible fraud.
Lastly, download your banks app which will keep your accounts at the palm of your hands allowing you to check your accounts and make more secure payments. This has been a life saver! Whenever I need to transfer money on the go, including making payments to my credit card it’s saved me time and secured any type of paper/telephone trace.
What do you think of these tips? What could you add?
This is a sponsored conversation written by me on behalf of CHASE. The opinions and text are all mine.