Comments on: Ten Steps to Simplify Your Finances, Part 4 http://www.fivecentnickel.com/2007/01/18/ten-steps-to-simplify-your-finances-part-4/ personal finance tips, tricks, and commentary Sun, 22 Nov 2009 02:21:27 -0500 http://wordpress.org/?v=abc hourly 1 By: Tim http://www.fivecentnickel.com/2007/01/18/ten-steps-to-simplify-your-finances-part-4/comment-page-1/#comment-65500 Tim Sat, 03 Feb 2007 19:20:08 +0000 http://www.fivecentnickel.com/2007/01/18/ten-steps-to-simplify-your-finances-part-4/#comment-65500 unless you really, really trust the person you are giving the dpa to, you might opt to have a third party hold onto it and execute it in the event of an incapacitation. many banks also require or request filing of POA's with the bank, too. also, don't forget to update those beneficiaries on your investment and retirement plans. your beautician may not be in your favor next year. unless you really, really trust the person you are giving the dpa to, you might opt to have a third party hold onto it and execute it in the event of an incapacitation. many banks also require or request filing of POA’s with the bank, too.

also, don’t forget to update those beneficiaries on your investment and retirement plans. your beautician may not be in your favor next year.

]]> By: Matt http://www.fivecentnickel.com/2007/01/18/ten-steps-to-simplify-your-finances-part-4/comment-page-1/#comment-60972 Matt Mon, 22 Jan 2007 06:37:39 +0000 http://www.fivecentnickel.com/2007/01/18/ten-steps-to-simplify-your-finances-part-4/#comment-60972 9 is actually terrible advice, since it implies it's perfectly OK to keep sending confidential information through snail mail, which it isn't. Better advice would be "don't send anything by mail that would cost you money if it got stolen or read by thieves...pay your bills online, get your bank statements online...SSL is much more effective at resisting an identity thief than a mailman would be". 9 is actually terrible advice, since it implies it’s perfectly OK to keep sending confidential information through snail mail, which it isn’t.

Better advice would be “don’t send anything by mail that would cost you money if it got stolen or read by thieves…pay your bills online, get your bank statements online…SSL is much more effective at resisting an identity thief than a mailman would be”.

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