Being employed in America, you must be aware of the Social Security and Medicare taxes that are deducted from your paycheck every month. This is something that you would also notice when you receive your salary slips and look at the breakups that the company help you with. These are known to be termed as Federal Insurance Contribution Act Tax (FICA) where a certain sum of money is collected from the employee as well as the employer in equal parts.
Phishing is the foundation of scam. The success of a phishing message leads to scam.
It becomes Phishing Scam when the two tricks are dubiously interwoven to get your details and your money.
Majority of cyber attacks begin with phishing emails which entice you to click, and majority of such emails use malicious file attachment.
So, you want to ask: what is Phishiology?
The collection of examples of such phishing e-mails, text messages, false credit alerts, and other messaging tricks sent to you by cybercriminals for fraudulent activities is what I refer to as phishiology.
Relationship between phishing and scam
Phishing is a ploy scammer uses to get your account details in order to use it for his own advantage.
Tools of Phishing message
These are the critical information a scammer needs to successfully launch attack on you:
1. Your name
4. Phone number
5. Password or PIN
6. Bank account number
7. Debit or credit card number
8. Card Validation Code (CVC) of your credit card
9. Social security number (SSN)
Financial experts consider having a cool million stashed away in your retirement fund to be the best indicator of being able to retire in complete comfort. A million might seem unattainable, but it’s perfectly feasible if you follow the basic recommended guidelines on how to save $1 million by the time you retire.
Start Saving ASAP
It’s normal to be tempted to put off any serious retirement saving. But if you want to hit that $1 million benchmark in time for retirement, you need to start saving when you’re young. Younger than you think.
Say that you start saving at age 25. You’d need to be saving $405 each month. With an average return of 7% you’ll have that $1 million by the time you’re 65 and thinking about retiring.
Chances are, you’ve already seen your 25th birthday come and go. In which case, you’d need to up the amount that you’re saving each month. It’s absolutely infuriating, but the longer you wait to start saving, the harder you have to work to catch up.
One of the biggest challenges that younger adults face today is the increasing amount of debt that they have even before they enter the workforce. As the cost of higher education continues to increase faster than the rate of inflation, the amount of student loans that the average person has to take out continues to increase.
Educational expenses have always been high, but they are becoming much higher because of for-profit institutions. A student can easily obtain a student loan even if that person does not have a job or a clear way of paying it back.
Getting married is a joyous occasion in most peoples’ lives, but it can also be one of the heftiest investments you make considering it all goes for just one day of events. Nowadays, it is not uncommon for a normal couple with the average traditional wedding to spend thousands upon thousands of dollars.
Every person on the planet probably wishes that he or she could walk into a dealership and leave with a Lamborghini or a new Corvette at the very least. However, those folks have to face the reality that they may never be able to obtain such vehicles.
There are several out there who often forget or probably cannot pay up for their income taxes on time. Even though they file their returns on time, things do not materialize naturally or as expected due to financial problems. There are times when people tend to panic especially when they aren’t informed that there are ways that can be undertaken when it comes to paying the income taxes.
When it comes to the penalties levied on late filing of tax return and late payment of taxes, the latter is known to be lesser than the former, and that is the reason why such an emphasis is laid on filing the taxes first before it is too late. When you fail to file your tax returns, you are to pay 5% of the balance due per month that often goes up to 25%. On the other hand, the failure to pay the taxes on time has a penalty of 0.5% of the balance per month and goes up to 25% depending on the income.