It’s a good financial decision.
When it comes to taking care of your financial health, there are the basics – establishing a budget, tracking income and expenses, and saving for the future – to name a few.
But all that work means nothing when you become the victim of identity theft. And it seems that most people would agree. According to a recent study by Cornerstone Advisors, “Billions Lost: The Cost of Bankers’ Myths about America’s Finances,” more than 75 percent of US adults either have access to or would like to have access to identity theft protection.
According to the survey, of all the financial literacy tools available, identity theft protection ranked highest among the tools that consumers are willing to pay for with 21 percent paying for identity protection tools.
It makes sense. After all, identity theft can be devastating, and the impact can go beyond the financial.
In fact, taking action to protect your identity is a pretty good life decision.
Mapping Your Future is celebrating Financial Literacy Month and encourages you to use and share some of the financial tools on our website.
