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Tips for safe online shopping



Money going digital has brought in a lot of benefits as well as threats.

Here’s how you can protect your family from identity theft and other online scams.

1.      KNOWLEDGE

It’s true that knowledge is power. In fact, the more you stay educated and open minded about these things, the safer you are. Know that the two main ways that using money online can hurt you is – deception and invasion. The risks you face while shopping online are much, much different compared to the risks that you face when you shop in a physical store. You not only need to protect yourself, but also your information.

 

Also Read: Personal finance for Teens

 

2.      INVEST

Buy a good anti-malware program.

It’s funny how many people fail to install good anti malware devices, but still they complain about their computers and bank accounts being hacked!

It is critical – and absolutely mandatory that you have all your devices secured from Viruses and other attacks.

Keep updating your antivirus soft wares, and make sure that your PC’s security settings are optimised. 

3.      CREDIT CARD

Although we have covered several articles on avoiding the sue of credit cards, it is suggested that you use your credit card while shopping online, because credit cards can be a safer choice for online shopping. When hacked, it causes less damage than a debit card – because of the very obvious fact that it is not directly linked to your bank account!

And more over, credit cards have a spending limit, and thus it works both ways – you are safe and you end up saving!

WRITTEN BY: BALAKARTHIGA.M

Also Read: Five money habits you need to master



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