Tag Archives: finances

Protecting Yourself While Shopping Online this Holiday Season

As the holidays roll up, buying items online increases exponentially. Unfortunately, cyber attacks and identity theft also increases with that number. That’s why the professionals at Raccoon Valley Bank have come up with some helpful tips and tricks to stay safe when shopping online this holiday season!

Don’t Use Unknown Wireless Networks

If you are in a coffee shop or airport and a network pops up for you to connect to, your chance of being hacked skyrockets. When the network you are on is not protected, hackers have a chance to get into your phone and locate passwords, account information, and more. Even though you want to check your email or see if there is a good deal somewhere, try to resist in order to protect yourself.

Use Different Passwords

Yes, it is hard to use a different password for each site when you are connected to 50 or 100 sites. However, if a hacker gets ahold of one password, they can instantly use that password with your email to log into all other sites that have the same one.

Don’t Store Credit Card Info On Sites

When online sites have you enter your credit or debit card information, many of them give you an option to save your card information. They say it’s secure and most of the time it is, but hackers are still able to get into their account and find your information. Even though it’s a little more work to type your information in each time, it’s more work to deal with getting your money back after someone has stolen your information and used it.

Avoid Clicking Links

When shopping online, there are millions of links connected to products or telling you they will bring you to the product you are looking for. These are easy ways for hackers to bring you to a site they created to give you malware. If you are on a trusted site, you can click the links there because they will only bring you to other places within their own site.

Shop Secure Sites

As mentioned above, it is okay to trust links within a secure site. However, if you are online searching for a certain gift to give someone and find a list that links to different sites, do not trust those sites. Search online about which sites are to be trusted before you go to them and give them your credit card information.

These tips will aid you in being a security savvy shopper when the holidays begin to hit. If you have any questions or concerns about your account, be sure to contact Raccoon Valley Bank. Our team of professionals is here to help if a problem of stolen information does arise!

Raccoon Valley Bank Skills Academy: The Financial Skills You Need

When we first introduced our blog, we stated one of its main goals is to help you improve your financial life through providing helpful tips. More specifically, we’re hoping to help you develop the financial skills you will need through your life, whether you are younger and just starting out, middle-aged with a family to look after or getting closer to retirement.
Now, there are many financial skills you can learn, far too many for one blog post alone. We will be introducing these vital financial skills and how you can develop them for your own life starting this month and continuing over the coming weeks. Here is a high level view of what you can look forward to and how Raccoon Valley Bank will help you develop each skill over time:
Budgeting- One of the biggest problems Americans have is spending more than we take in. Learning how to create and stick to a budget allows you to balance out your spending and intake.
Spending- The best budget in the world won’t help if you can’t control your spending and develop better habits toward how your money is used. We’ll offer up strategies to help you outsmart your own brain when it comes to spending.
Saving- Every little bit counts, whether you’re saving for a new car, house or your retirement. We’ll cover saving plans that are easy to use and help you get closer to your saving goal.
Managing Credit & Debt Wisely- The truth is you will most likely owe people money for a good chunk of your life. In fact, being able to manage your debt and pay it down is an essential component for a good credit score. We’ll discuss ways to make sure you don’t get in over your head.
Skills for Certain Times in Life- While there are many financial skills you will need throughout your entire life, there are some skills that only pertain to certain ages or life events.
The Mental Side of Finance- Our attraction to money and spending can be powerful emotionally and mentally. Learning how to re-wire your brain and how to approach money is critical in developing good financial habits that allow you to reach your financial goals.
By providing tips, strategies and ways to learn these skills, Raccoon Valley Bank is working to help you make the smartest financial decisions possible. We look forward to the coming weeks and months and providing helpful tips for you.
If you have any questions about the various products and services we offer and how they can help, call or come by your nearest Raccoon Valley Bank location today!