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How to Prevent Identity Theft

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From Quick Guide: Identity theft Protection101

Summary: Preventing identity theft only requires a bit of common sense, as shredding documents with personal information on them, only giving out a social security number to trusted and reputable people, and remembering to take all receipts from gas pumps and ATMs is a good start. Take simple precautions to prevent identity theft with money advice from a registered financial consultant in this free video on personal finance.

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By Patrick Munro
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Patrick Munro's affinity for investing and financial matters began more than 20 years ago with business education and service throughout the ranks of the banking, insurance and...read more

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Video Transcript

"This is financial adviser Patrick Munro talking about how to prevent identity theft. Preventing identity theft, which has become one of the most prevalent problems in America, is really a course of common sense. When you work with your bills or anything that is confidential in nature that has your social security number or whatever the case may be, make sure you have a paper shredder, and shred any specific documents that could fall into the hands of a hacker or someone that would steal your identity. Make sure you never give out your social security number unless it's to a trusted adviser. And also, make sure that you take all receipts from gas bars, when you're gassing your car up. From ATM machines, as well. Never talk openly in a public place about your financial affairs, and give out critical information. Make sure your computer is focused with a complete firewall suite, and, you know, really could keep a hacker at bay if you're doing your bills online. These are some helpful tips to prevent identity theft. This is financial adviser, Patrick Munro."

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