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Recently, I met one of my friend working in strategy team of a bank over lunch. I felt bad for something which he mentioned casually. Here is what he said:

Every time there is a Financial model required by our leadership, we end up doing multiple iterations and thus creating numerous versions of the model. While this not only ends up taking more resources than required, it also delays the important business decisions.

This situation is not unique to his company, It happens in most of the Organizations across the globe. In the remaining article, I’ll explain what is a financial model, the process involved in creating one and some of the best practices to make them flawlessly.

[stextbox id=”section”]What is Financial modeling and how is it used?[/stextbox]

Financial modeling is a process by which we calculate or estimate financial numbers in various situations or scenarios. Financial models can vary from simple calculations to complex simulations which can take hours to run. A simple excel file in which you project your monthly income and expenses is a basic financial model.

Following is a sample excel model to project yearly savings with annual interest rate of 12%:

These models are used across the globe for business planning and taking important decisions for the business. Following are some questions which business owners typically answer with help of financial modeling:

Will it be profitable to offer new Credit cards to existing customers?

At what price point can a start up break even in 3 years? 5 years?

How many tele-callers do we need to call all the customers once every day? How much will be the cost?

How would the business model look when we acquire a competitor?

[stextbox id=”section”]Challenges in Financial modeling[/stextbox]

While building financial models is inherently not difficult, there are some common mistakes which people make and then think that financial modeling is difficult. Some of the common one are mentioned below:

A single Financial model is looked as panacea to all business problems. While this might be good intent, it becomes difficult to implement practically. Financial models are used best to answer specific questions. If you want to check whether a particular tranche of customer is profitable or not, don’t try and evolve the model to answer whether the business overall is profitable or not.

Inconsistency in outcomes: Another common reason for errors is that the analyst looks at the financial model as just a mathematical exercise. He doesn’t tie up numbers or models impact of changing numbers in one department over another. If you want to buy more raw material or keep more inventory, not only you would need more space, you would also need more human resources and maintenance.

[stextbox id=”section”]Process of building a financial model[/stextbox]

Below is a structured approach to financial modeling. Following these in disciplined manner would ensure that the common errors mentioned above are avoided and you achieve the desired result in a single attempt. At the start, these steps might seem time consuming and extra effort, but, if followed diligently they would end up saving multiple days and iterations.

We will cover best practices involved in each step below

[stextbox id=”section”]Step 1: Understand business requirements[/stextbox]

It is very important that you understand all the business requirement at the outset. If you don’t, your financial model is doomed for failure. Some important questions to ask business users are:

What are the answers business is looking from the model?

What are the levers in control of business owners? What is out of their control?

What is the period for which they want to take the decisions?

What are the constraints (resources / budgets / capacity)?

What are the dependencies across various departments?

Once you have a fair understanding of what business wants, agree on set of inputs, output and assumptions. It is a good practice to keep all your inputs, output and assumptions together. If you are using excel, keep them in a sheet each. If you are using a coding environment, define inputs and assumptions at the outset. By doing so, you make sure that creating scenarios later on is easy and can be done without creating any confusion.

[stextbox id=”section”]Step 2: Finalize dimensions and granularity[/stextbox]

This should come directly from business need. Granularity of a financial model is usually determined by level at which business wants to take decision. Is it at country level? Product line level? Product level? If time permits, I recommend creating model at one level more granular than the customer needs initially. So if customer is looking at country level financial model, try creating something at Regional level.

This ensures that not only the decision can be made at the required level, but you also get a texture of how to implement that decision. It answers the next level of questions for the business owners.

[stextbox id=”section”]Step 3: Apply business logic and formulas[/stextbox]

Once all the requirements are clear and granularity is decided, just apply business logic to build the model. By business logics, I mean the the mathematical translation of business understanding. What parameters and values will be impacted by various inputs? What is the profit margin? Are there any over head expenses which you have not included?

One of the good practices here is to keep the entire worksheet / code logically linked with out any hard coded values. If there is constant which is being used, it should go in either inputs or assumptions. In order to simulate any scenario, you should not be required to change inputs in multiple sheets or places.

Another benefit of keeping all calculations formula driven is that you need to only make sure that your inputs are consistent and the business logic are correct. If you ensure these two things are done diligently, your model will always remain consistent.

[stextbox id=”section”]Step 4: Test scenarios[/stextbox]

Once the framework of the model and base scenario is ready, you need to test whether the model holds under various scenarios. What are the boundary conditions when business logic would no longer hold true? You need to define the minimum and maximum values for various inputs and set of inputs.

Once this is ready, you should train your business users on the limitations of the model.

[stextbox id=”section”]Step 5: Document[/stextbox]

Finally, document all the needs, granularity, calculation and limitations in a document. Again the recommendation is to do need based documentation. The purpose of this documentation is to make sure that any one can pick this document and understand the model. A typical document has following sections:

Background

Business need

Problem statement

Scope of the model

Areas out of scope of modeling

Business logic and calculations

Limitations

References (if any)

Once this documentation is ready, your model is ready to roll out.

As mentioned before, if you follow these steps diligently, it will avoid a lot of re-work. Further, the more you practice them, the better you will become at financial modeling. Keep practicing these and become flawless financial modeler!

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How To Create A Top

If you want to make your property management business prosperous, you probably need a relevant innovative mobile app. Such a tool will help you enhance communication with potential clients, investors, and business partners. In brief, property management requires regular interaction with property owners, renters, and employees to keep everyone informed, build an engaged client base, and guarantee a future increase in a popular industry. So, we believe you will like some tips we are going to share with you about property management software development services. Just keep on reading!

What is Software for Property Management?

Property Management System (PMS) is software that computerizes and facilitates vital property management business actions for property managers, owners, and agents. There are tons of necessary business operations, like communication between property sellers and clients, finance transactions, document work, and more.

The needs of the market for this kind of system are strictly tied to the real estate niche as a whole. As an alternative, the real estate management sphere does not follow the same way as the real estate market. For sure, it has its own style and perspectives. For instance, the property management business is generally more resilient to changes in the economy.

The best real estate management software manages leased properties, manages tenants, creates financial statements, and synchronizes and reconciles bank accounts for investors in leased properties and property managers.

Also read:

Top 7 Industrial Robotics Companies in the world

Types of Property Management Software

A property management app will be ideal if you manage residential complexes or multiple properties across multiple locations. Yet, the coolness of an application will be established by the application type you pick out for your business. You can communicate with a great number of renters and keep your eye on all financial transactions and important documents with the right user-friendly app.

Or in other words, the best property management software organizes rental properties, controls renters, generates financial reports, and syncs and reconciles bank accounts for rental property investors and property managers.

With property management systems, they can do the following:

reduce the time spent on maintaining the property to be completed;

personalize your online reporting;

collect rental information;

collect rent payments;

online rent increases according to the established schedule.

Offices, warehouses, logistics facilities, and industrial facilities fulfill important roles such as:

object content management;

space management;

rental management.

As well, as Inoxoft notices, property management software is used by hotels and hostels to:

book rooms;

payment of bills;

rooms to be allocated;

check-in and check-out of visitors;

check room availability.

Benefits of Property Management

The property management industry is still relatively new but has a lot of potentials. Consider the benefits of creating a property management system:

Managing multiple properties is likely one of the most forceful grounds for property owners to consider installing a PMS. Such software eases a variety of important processes. The owner portal has all the things you need. Asset management software speeds up a company’s workflow by rubbing out the need for extra solutions. This improves the whole management efficiency and much more.

You can cover every conceivable channel for the provision of rental or hotel services with a unique property management system.

You can combine your methods with chatbots or online assistants to provide superior service to your guests anytime and anywhere.

The Best Way to Organize Property Managers

Generally, property managers have an incident plan. It is like a win-win strategy that will save any situation and bring positive results. Even in times of crisis, having a strategy gives a guarantee that everything will be okay and even better. Real estate managers have a clear idea of what is best for outsourcing. They know their strengths and weaknesses and have competent employees who are always in touch. With too many printed reports and documents, a property management business can quickly become disorganized. It also takes a lot more effort to keep everything in order.

Summing It Up

Searching for a home on the Internet is more capable than counting on a real estate agent who is only interested in raising their profit and does not understand what you require from your house. With the abundance of real estate websites and apps available, it can be difficult to decide where to start.

Without a doubt, property management software development services by Inoxoft will be useful for you if you want to avoid difficulties. They know how to make a customer happy. Their goal is to reduce the hassle and hassle associated with managing one or more properties. They will accurately plan and structure the diverse scenarios that may arise in order to prevent any problems. So, make your choice!

How Banks And Financial Institutions Are Using Blockchain Technology?

The tremendous rise in cryptocurrencies and digital wallet has instigated banks and other financial institutions to adapt to the current trend. It is a dire need for the banks to allow professional investors to trade valuable assets in a secured and transparent platform across the world. The banking industry has finally adopted blockchain technology due to its potential implications for the global commerce ecosystem. The open-sourced software allows multiple investors to have simultaneous access to the updated public ledger without any probability of alteration in transactions. Blockchain technology has revolutionized the banking sector from the traditional methods of securities to hi-tech securities.  It also enhances efficiency and security without any third-party intervention. Thus, multiple banks have started launching smart contracts that involve the parties to accept the deals with each other. These smart contracts allow any digital information to store and give access to parties with a set of laws. Let’s look at how banks and other financial institutions are using blockchain technology. The tangled web of loan records and securities is very expensive for investment banks to run in the market. The appropriate use of blockchain technology has enhanced the efficiency of post-trade clearing and settlement. The international banks have considered allowing commercial or institutional investors to hold cryptocurrencies in their accounts. They are willing to facilitate cryptocurrency transactions by incorporating blockchain technology in some form. These blockchain records and validates every transaction made by the investors with utmost security. The banking industry is focused on transforming the payment system for clients with the use of blockchain technology. Blockchains do not allow any third-party intervention so there is a rapid speed of cost-efficient cross-border payments. Banks are always involved in buying and selling stocks and shares, which is a time-consuming process. But the decentralized authority removes all intermediaries or agents to improve the performance as well as reduce the transaction fee. The traditional method of financial institutions includes multiple paperwork in the process of transactions related to commerce and international trades such as bills of lading, letters of credits, and many more. But with the use of blockchain technology, banks, and financial institutions can continue the entire process without the time-consuming paperwork by integrating all important information in one digital document.

The tremendous rise in cryptocurrencies and digital wallet has instigated banks and other financial institutions to adapt to the current trend. It is a dire need for the banks to allow professional investors to trade valuable assets in a secured and transparent platform across the world. The banking industry has finally adopted blockchain technology due to its potential implications for the global commerce ecosystem. The open-sourced software allows multiple investors to have simultaneous access to the updated public ledger without any probability of alteration in transactions. Blockchain technology has revolutionized the banking sector from the traditional methods of securities to hi-tech securities. It also enhances efficiency and security without any third-party intervention. Thus, multiple banks have started launching smart contracts that involve the parties to accept the deals with each other. These smart contracts allow any digital information to store and give access to parties with a set of laws. Let’s look at how banks and other financial institutions are using blockchain technology. The tangled web of loan records and securities is very expensive for investment banks to run in the market. The appropriate use of blockchain technology has enhanced the efficiency of post-trade clearing and settlement. The international banks have considered allowing commercial or institutional investors to hold cryptocurrencies in their accounts. They are willing to facilitate cryptocurrency transactions by incorporating blockchain technology in some form. These blockchain records and validates every transaction made by the investors with utmost security. The banking industry is focused on transforming the payment system for clients with the use of blockchain technology. Blockchains do not allow any third-party intervention so there is a rapid speed of cost-efficient cross-border payments. Banks are always involved in buying and selling stocks and shares, which is a time-consuming process. But the decentralized authority removes all intermediaries or agents to improve the performance as well as reduce the transaction fee. The traditional method of financial institutions includes multiple paperwork in the process of transactions related to commerce and international trades such as bills of lading, letters of credits, and many more. But with the use of blockchain technology, banks, and financial institutions can continue the entire process without the time-consuming paperwork by integrating all important information in one digital document. Thus, it can be seen that blockchain technology is the future of banks and financial institutions with upgraded regulations, hi-tech security, proper identity verification, and reduced transaction fees in a fast payment process.

How To Create Guides On Instagram

Instagram is constantly adding new features in a bid to offer an increasingly superior experience to its users. Case in point: one of the most recent that was introduced during the early phase of the pandemic is Guides. However, the option might have flown under the radar for many users, especially since it was initially available only for select accounts. That is no longer the case, however, so this article aims to shed some light on Guides and show you how you can create your first Guide.

What Are Guides?

Guides are basically collections that mix both text and visuals and allow the creator to easily share recommendations and tips with their followers. Guides have a dedicated place on your profile: you’ll find them listed underneath the Follow button on your profile. If you have set up Highlights for your account, the Guides will be in the line of icons underneath. To access Guides, you’ll need to tap on the “Open book” icon.

When it was initially introduced back in 2023, the feature was meant to promote well being and showed up on the profiles of various creators or organizations activating in the segment. Since then, Guides have been made available to everyone, not just brands and businesses.

How to Create Your First Guide

Creating a Guide on Instagram is a pretty specific process. You won’t be able to do so from the Instagram feed simply by tapping the “+” button on the upper-right corner of the display. At the same time, you won’t be able to create a Guide straight from the Instagram camera ether. What you need to do is head to your Profile.

Tap on the “+” button in the upper-right corner of the display.

From the menu that pops up from the bottom, select “Guide.”

Here you’re given three options: Places, Products and Posts. The first one allows you to recommend places in your city or beyond, while the second lets you share with your followers some of your favorite products. With the last one, you can group a collection of posts together that you’ve created or saved.

Three Types of Guides

The three types of Guides feature their own particularities, but overall, they will look the same. Think of them as a very visually-focused type of listicle. Depending on the type of product or service you wish to promote, you’ll need to select the right kind of Guide for your particular purpose.

Places

If you’ve selected the first option, Places, Instagram will prompt you to select the location for which you want to create the guide.

Instagram will search for posts that were tagged at that location and will show them to you in a new window. Swipe downward to browse the results and pick your favorites. Interestingly, you’re not allowed to pick your own images for this type of guide and must rely on the content created by others.

If, at any point, you wish to rearrange the order of your entries within the Guide, tap on the three dots next to an item and select “Reorder Posts.”

Arrange them as you please by dragging each post with your finger, then press “Done.”

When you’re done with all of the above, press the “Next” button in the upper-right corner of the display.

Instagram will inform you that the Guide will show up in the “Guides” tab on your profile and won’t be shared on your profile grid. HOWEVER, your followers will be able to see a preview of the guide in their feeds.

Products

If you’ve selected Products instead of Places, Instagram will let you search for your favorite brands next. Whether we’re talking about cosmetics, clothes or books, your options are endless.

Browse the products available from a particular brand and select the one you wish to add to your Guide by tapping on it. Note that not all of the products offered from a brand will show up in this list.

Select one of the images showcasing the product offered by the brand or add your own product images by tapping on “Your Posts” at the bottom. In addition, you can opt for the “From shop” option.

Add as many favorite products as you want. Make sure you add a title, select the cover photo and write a bit about what the guide is about.

As before, press “Next,” then hit the “Share” button to launch your creation into the world.

Posts

The last type of guide is Posts. You can create great sets of posts that fit under a certain category. You can use other people’s posts, provided you’ve added them to your Saved collection as well as your own.

Back to your guide. Add a title, choose a cover and maybe say a few words to describe your guide and the posts.

Once published, your new Guide(s) should be accessible through your Profile via the Guides tab.

Share Your Guides on Instagram

Once you’ve created your first guide, you’ll probably want to start sharing it with your friends and followers. It is quite easy, as you will see below.

Open a Guide you want to share. (It can be yours or anyone else’s.)

Tap on the Paper plane icon in the lower-left corner of the display.

Send the Guide as a Direct Message and share it as part of your Story, even if it’s not yours!

If you’re trying to raise awareness about your own Guide(s), sharing it to your Stories is a great way to promote it with your followers.

Frequently Asked Questions 1. How can I discover more Guides on Instagram? 2. Can I edit a Guide after it has been published?

Yes, you can. If you want to rearrange your posts or simply want to add or remove additional items, access the Guide and tap on the three dots in the upper-right corner and select “Edit Guide.”

Apply your modifications form there.

3. Can I access Guides on Instagram for desktop?

Yes, you can check out and browse Guides while you’re using Instagram on your PC. However, you can’t create them from your computer. Right now, it’s only possible to add regular posts to your profile. Also, keep in mind that while you can access Guides on PC, you won’t be able to share them via DM or a post.

Image credit: Unsplash

Alexandra Arici

Alexandra is passionate about mobile tech and can be often found fiddling with a smartphone from some obscure company. She kick-started her career in tech journalism in 2013, after working a few years as a middle-school teacher. Constantly driven by curiosity, Alexandra likes to know how things work and to share that knowledge with everyone.

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How To Create A Writing Portfolio

Introduction

The writing portfolio is used in the professional world as a potential employer can evaluate the performance and analyze the determination of the writer. It is also used as a selfassessment. A writing portfolio is helped to elucidate a writer’s achievements as well as improvements. A writer, when writing an essay must remember that the point of view should represent in forth. Paragraph writing is a group of sentences where one must inform about only one topic. One needs to improve a writing portfolio through determination and skill.

What is a Writing Portfolio?

The collections of works that are written by a writer to exhibit the talents or skills are called a writing portfolio. The portfolios must be designed creatively and followed an organized template that depends on the purposes that a writer is targeting to attain. The writing portfolios are enormously conducted for various professional reasons like, for students’ portfolio writing, the lecturer can evaluate the capabilities of writing.

Purpose of a Writing Portfolio

There are various purposes for a writing portfolio. A writer who writes a portfolio is allowed to gather a writing body in one space and to write and organise the writing in an attractive format. Writing portfolio helps a student to improve his writing power through some writing processes: planning, drafting, revising, and editing. Some companies hire employees for content writing. The employees can improve their power of writing through a writing portfolio.

Contents in a writing portfolio

Some types of content need to be put in the writing portfolio. A perfect writing portfolio can be made through excellent writing skills and the power of choosing perfect words. Like to write an article one must give a short and catchy title and properly summarise the content that encouraged the reader and take an interest to read the content. A story can be improved through the improvement of the characters of the story. A summary is a part of the writing by which a reader decides about the requirement of the reading the contents or not. Notice is used generally in offices and various organisations. At the time of the writing notice, one must remember that the purposes of the notice should remain highlighted. Therefore, the contents of any type of writing portfolio must be catchy and attractive.

There are some steps of the writing portfolio. They are –

Deciding a domain Reviewing samples

The space that is set for one to write a writing portfolio, one must want to watch for pieces which can distribute as his foundation. There remains a challenge by which one can identify his best work that exists within his writing samples. The pieces which are well structured gained a professional tone.

Seeking guest opportunities

Many times there have not been so many pieces to attach to one’s portfolio. Then one should watch for opportunities that increase one’s visibility and power as an independent writer. One must improve his power of writing portfolio and produce new content.

Practising by writing for non-profit organisations

one must remember that if he wants to improve his writing skill for a writing portfolio, he must join as an independent writer’ in a non-profit organisation. One must reach out to those organisations that need for a content writer. There a new writer must achieve great experience.

Updating portfolio from time to time

One writer should remember that if he wants to improve as a writing portfolio he must update portfolio. The company that hires a content writer, not only seek his past writing samples but they want to see that he still writes actively.

Benefits of a Writing Portfolio

There are many benefits of a writing portfolio Like this helps to benefit one’s writing skill and power. One improved his imagination power when he continuously updated the power of writing. One of the benefits of a writing portfolio is that one can improve professionally.

Conclusion

Writing portfolio is the most important part for a writer. The creation of a writing portfolio depends on the writer who creates it and how he creates it with improvement and development. A writer should remember that when he writes a descriptive essay, need to set proper attention to using the words that remain appropriate for the essay, by which a reader read the essay with proper attention and create an image of the essay in their mind.

FAQs

Q1. What is the proper format for a writing portfolio?

Ans. Generally, the portfolio is a type of online page that shows different links or images that are connected to one’s writing samples. One must show expertise in the writing portfolio.

Q2. What does a good writing portfolio consist of?

Ans. The type of writing samples’ that one wants in his work, depends on himself. At first, one must list his own writing portfolio and then shares the links.

Q3. What should not be included in a writing portfolio?

Ans. The writing that is not so good or the previous job that was not so powerful, that types of works should not be included in a writing portfolio

7 Ideas To Secure Your Financial Investments From Theft

Cybersecurity has become a major concern in all walks of life. When the hack of SolarWinds occurred in 2023, businesses and political entities were on alert. In recent years, individuals have also been affected by countless data breaches.

Many scams have been created by the rise in cryptocurrency, including the Squid Game currency dump and pump from 2023. The world is feeling more unstable and threatening than ever thanks to identity theft and fraudulent UI benefits claims.

There are many ways people can defend themselves against the increasing threat of digital theft, especially when it comes down to their finances. These are the top ways to protect your financial investments against theft.

1. Do your Homework with Providers

These recommendations are mainly about cleaning up financial investments. It’s important to remember that choosing the right provider is the first step to protecting your finances.

This is an intricate activity that cannot be simplified. Businesses are required to adapt and change their business processes to stay safe from thieves who constantly modify their methods. It is important to look for companies that take proactive steps in order to protect their clients when making financial investments.

This is evident in the example of Nasdaq’s investing leaders. Although the financial company has a lot of experience in security management, they were faced with a very complex identity management system. It was difficult to make sure that everyone could log in safely and access the correct areas of the internal software systems.

Instead of ignoring the problem, Okta was trusted by the company to streamline the company’s traditional system. To restore safety and ease to the company’s systems, the IdP (identity provider), used tools such as its Single Sign-On (SSO), and Adaptive Multi-Factor Authentication(MFA).

Always check for these types of activities before you open a financial investment account. What steps is the provider taking to protect its system? To protect your financial investments, you should always choose safe systems.

Also read:

Top 10 Successful SaaS Companies Of All Times

2. Identify your Risks

Before you make any changes to your accounts, it is important to understand your risks. This is a valid question. The number of fraud threats that exist and are becoming more prevalent is endless.

It’s worthwhile to take the time to assess your financial accounts for any potential risks. Kiplinger identifies six main risks currently, which are:

Data breaches

Takeovers of accounts

Card-not-present fraud

Theft of synthetic identity

Peer-to-peer payments

Scams and government benefits

Each of these issues threatens different areas within the financial industry. To identify which risks you should be concerned about, it is a good idea to organize your financial accounts.

3. Protect Your Identity from Theft

Your primary gateway to financial investment is your identity account can be seized by a criminal in many different ways. They can also disguise themselves to allow you to enter multiple locations.

Protecting your identity is one way to protect your indirect investments. Consumer Affairs reports that there was a 31% increase in identity theft victims between 2023 and 2023. What caused this sudden rise in identity theft victims’? The pandemic.

According to the site, many people are now unable to work from home and remain safe in corporate networks. Many people are exposed to cybersecurity risks, including identity theft.

As a way to protect one’s identity from being stolen, many financial experts recommend that you sign up for identity theft prevention. It is usually free, and while it does require some effort, it is worth it as an additional layer of protection for your finances as well.

Also read:

9 Best Cybersecurity Companies in the World

4. Cover the Basics

We’ve covered high-level protection of financial investments so far. You will need to do the dirty work at times.

These are the most basic, yet crucial security measures. They can be as simple but not as complex as the internet. Finra begins protecting financial information with the triple recommendation of passwords, usernames, and pins.

You can do this in many ways. Strong PINs usually contain at least eight numbers and sometimes symbols. Strong passwords must also be long and strong.

5. Protect Your Network and Devices

You should also protect your physical hardware, in addition to your digital passwords. Your network (i.e. This includes your network (i.e., router) as well as the devices you use to access the internet via that network.

There are many options to protect your local network. For instance, you can:

To protect yourself and your network from malicious viruses and other cyber threats, set up firewalls.

To hide your activities and make it more difficult for criminals to track you, use a VPN.

To provide the best cybersecurity protection, install robust security software.

To keep your software protected and up-to-date, enable automatic updates.

6. Avoid Direct Bank Connections and Public Networks

Criminals love to exploit public connections to attack innocent victims. The U.S. Securities and Exchange Commission strongly recommends that no public computers be used to access financial accounts.

The department suggests a few steps to ensure you are safe when using a public computer network. They recommend that you never give out personal information to gain access to public computers. They recommend that you never leave a computer while logged in, log out after you are done, and disable password-saving features.

In addition to the SEC recommendations for public computers, it is wise to not connect your bank account with anything that you do not need to. Instead of using a debit or credit card, use it whenever possible.

7. Keep Your Financial Activity in Check and be Smart

Finally, ensure that you are implementing smart cybersecurity best practices in every aspect of your life. These are just a few of the obvious ones:

Don’t respond to any request from anyone you don’t know.

To protect your finances during times of concern, you can use credit freezes.

You should check your credit reports frequently. Every year, download your free report from each credit bureau.

To ensure you are alerted of a suspicious activity or any other financial-related site or apps, turn notifications on.

These are only a few suggestions. It is important that you are aware of your financial investments.

Our list is complete with the second recommendation. Start by reviewing your financial institutions and assessing the risks. After that, you can take the steps recommended above to protect your investments.

Don’t be too confident about your security, even after that’s been done. New threats and cybersecurity trends are constantly emerging in the world of cybersecurity. As you work to protect your financial investments against theft, it is important to maintain a sense of awareness.

Once this is done, you can rest assured that your financial future will be secure.

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