Blog - North Light Financial Services

Protect Dead Relatives from ID Theft

Good information from Bottom Line Personal's interview with Adam Levin, JD: Protect Dead Relatives from ID Theft Dont assume that the risk of having your identity stolen lasts only as long as you are alive. More than two million dead Americans become victims of identity theft each year. To an identity thief, the recently deceased are ideal targets. Unlike the living, the dead never notice that they are being victimized and dont take steps to stop these crimes. There is [...]

By info@northlightfinancialservices.com|2017-12-01T14:09:48-05:00November 29th, 2017|Cybersecurity, Financial Fitness, Personal Finance|Comments Off

Avoiding the Cybercrooks

Avoiding the Cybercrooks How can you protect yourself against ransomware, phishing, and other tactics? Imagine finding out that your computer has been hacked. The hackers leave you a message: if you want your data back, you must pay them $300 in bitcoin. This was what happened to hundreds of thousands of PC users in May 2017 when they were attacked by the WannaCry malware, which exploited security flaws in Windows. How can you plan to avoid cyberattacks and other attempts [...]

By info@northlightfinancialservices.com|2017-11-14T14:07:16-05:00November 14th, 2017|Cybersecurity, Personal Finance|Comments Off

Is a Home an Investment?

Is a Home an Investment? From one perspective, the answer is yes; from another, no. When you buy a home, are you investing? If you buy it to flip it or buy it as a rental property, the answer is yes. If you buy a home simply to live in it, the answer may be no. Your home is an expression of your lifestyle, a wonderful setting for your life, and a place you can enjoy in privacy and comfort. [...]

By info@northlightfinancialservices.com|2017-11-03T13:34:55-04:00November 2nd, 2017|Personal Finance, Retirement, Savings and Investing|Comments Off

The Financial Toll of Addiction

The Financial Toll of Addiction Opioid abuse threatens to wreak havoc on family finances and retirement plans. Imagine your retirement dreams put on hold or compromised, your savings and investment accounts reduced, and your loved ones uncommunicative or at odds with each other. This terrible state is reality for families ravaged by addiction. OxyContin, heroin, and other opioids can cost an addict hundreds of dollars per day. Where will an addict find the thousands of dollars needed, over time, to [...]

By info@northlightfinancialservices.com|2017-10-19T11:13:10-04:00October 19th, 2017|Personal Finance, Savings and Investing, Well-being|Comments Off

Retiring Before 60

Retiring Before 60 If that is your dream, explore whether these steps could be useful to take. How could you retire in your fifties by choice? You will need abundant retirement savings and ways to access your retirement assets that lessen or avoid early withdrawal penalties. You may also need to have other, sometimes overlooked, components of retirement planning in place. There are ways to tap retirement savings accounts before 60. True, the I.R.S. discourages this with 10% penalties [...]

By info@northlightfinancialservices.com|2017-10-10T11:25:59-04:00October 5th, 2017|Personal Finance, Retirement, Savings and Investing|Comments Off