This week we’re sharing how you can protect yourself from identity theft, fun ways to make extra cash, and how to keep your retirement plans on track while supporting a boomerang. Here’s what you need to know now:

  • Identity theft is a scary topic, and for good reasons. If the wrong person gets their hands on sensitive information your credit (and more) could be obliterated. But according to Kimberly Palmer of U.S. News & World Report there are steps you can take to protect yourself from becoming a victim. Palmer suggests paying attention to phishing emails, changing passwords frequently and monitoring your bank statement to name a few.
  • Is your recent grad moving back in? If your answer is yes, you’re not alone. In fact, millions of parents are welcoming their young adults, also known as boomerangs, home and delaying their retirement to provide financial support. However, Anna Helhoski with USA Today warns that the added expense could put a serious crimp in your retirement plans. To keep your finances on track, Anna suggests being honest with your child about your financial goals, only support necessary expenses and agree upon a target date by which he or she will move out.
  • Do you need extra cash, but aren’t interested in taking a boring part-time job? Well with a little imagination and thinking outside the box, making a little extra cash can be easier and more enjoyable than you think. Here are some ideas from Trent Hamm of Business Insider that don’t require a lot of equipment and very little experience. Trent suggests making a homemade movie, recording your own podcast, starting you own garden, taking photographs and selling them to stock photography sites, and more.

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