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The Chronicle Telegram in Elyria, Ohio

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Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jan 07, 2011

Page

14

How to Use Your 2011 Tax Refund

Suggestions for spending a tax refund include starting a rainy day fund or contributing to an IRA, paying down credit card debt, investing in job skill classes, reducing stress through activities like cooking or photography, joining a gym, tending to overdue health and pet needs, and making extra house payments or principal paydowns.

Starting a New Year Plan for 2011 Money Review

Start the new year by reviewing savings goals from 2010 and whether you met them. Check upcoming CD maturities and consider shorter terms. Evaluate credit card balances and avoid closing paid-off cards to protect your score. Check your credit score, aim for 760 or higher, and review your free annual credit report for errors. Open a share savings account for children to instill saving habits.

Cyber safety tips to prevent card payment fraud

Jason Alderman outlines practical steps to shield personal data and stop fraud. Use updated security software, verify secure websites, avoid sharing sensitive details, read online terms, monitor statements, enable transaction alerts, and create strong passwords. Seek official guidance from StaySafeOnline and FTC resources.

National Cyber Security Alliance StaySafeOnline.org Federal Trade Commissions Ftc.gov

Car Buying 101 Negotiate Your Best Deal

Ten tips guide buyers to negotiate smarter for a new car. Do homework with Edmunds and Consumer Reports, shop late in the month, settle private differences, get preapproved loans, test drive but don’t buy, question rebates, watch hidden fees, avoid costly add ons, put terms in writing, and walk away if a deal feels wrong.

Edmunds.com Carsdirect.com Autos.com Consumer Reports

Protecting Yourself Against Identity Theft Tips

Credit union offers advice to guard against ID thieves. Mail personal checks at the post office. Use updated antivirus and anti spyware. Buy a crosscut shredder and shred unneeded mail. Change online banking passwords yearly. Watch for phishing and check credit reports annually.

How to Improve Your Credit Score Going into the New Year

Tips for boosting credit in 2011 include understanding your credit report, getting a free score estimate, paying on time, paying more than the minimum on long-term debts, avoiding many new accounts, and keeping card balances low. Review reports for errors and contact bureaus if needed, as your credit rating affects loans, renting, and employment opportunities.

Also Mentioned on This Page

By Jason Alderman Ben Franklin Lowe St. Aid Njoy Lowe's Home Depot Community Star Credit UNION Lee Rad
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