We’ve become accustomed to instantly satisfying our need for fast and easy digital experiences. Words like “binge-watching” and “streaming” are now part of our everyday language. That same desire for ease and convenience can be met with your financial transactions. So, digitize your dollars and get more of your free time back.
24/7, always-on connections
Take care of nearly any money task at any time from any device. In addition, ask if your bank or credit union offers services like remote check deposit, online account monitoring, digital funds transfer, chat functions that allow you to apply for a loan online from your cube at lunch or your couch at night.
Opt for E-statements
Next, sign up for e-statements and skip waiting for paper statements to arrive in your mail. Also, look for an alert on your device when your monthly statement is ready. Download and store your statements on a removable drive or a backup cloud location, in case you need to come back to them later.
Pay bills online
Allow funds to be deducted from your account to pay recurring bills automatically. Plus, you can set up a manual one-time payment directly to a specific provider. Pay down debt, improve your credit and spend more time on things that matter to you.
Think security, too
Online services only pay off if they are used safely. Remember to:
- Use a unique password that’s long and strong for each account.
- Keep your usernames and passwords secure — enable multi-factor authentication whenever available. (Get more help with choosing a secure password, if you need it.)
- Consider using a password manager to help you manage difficult, unique and long passwords for all your accounts.
- Never enter personal data (e.g., name, birthday, Social Security number) on an insecure webpage. Look for a small padlock just before the URL, to verify the site is secure.
- Make sure the computer is up-to-date with virus protection and a firewall.
Reclaim your free time and put technology to work for you.
Article provided by Local Government Federal Credit Union.
The advice provided is for information purposes only.