​If you keep up with the news, you’ve seen that several companies have had their databases hacked recently. So what can you do if you think your personal data may have been compromised? 
Here are four key steps to take if you’re notified of a data breach.
1. Change Your Passwords
First, you’ll want to change your account password with the hacked company and with any other website where you’ve used the same one. A password manager can help you generate tough-to-crack passwords and store them securely.
2. Sign Up for Free Credit Monitoring
One of the biggest risks you face if your Social Security number is stolen is that someone could apply for credit in your name, borrow money and not pay it back. You could be left with a big headache and a damaged credit score if this happens.
The breached company usually gives its customers at least a year of free credit monitoring, so be sure to sign up. This is an easy way to keep an eye on any fraudulent accounts that may be opened or applied for under your name.
3. File a Police Report
If your identity is stolen, file a report with the local police department. While they may not be able to restore your identity, a police report can be crucial to getting bogus charges removed from your accounts. IdentityTheft.gov is a helpful resource outlining all the steps you need to take.
4. Stay Vigilant
While it may take some extra time and effort to protect against hackers and data breaches, it’s well worth it if you can keep your sensitive details a little bit safer. 
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Are you worried about your financial information? Reach out anytime to discuss how you can take the right steps to protect yourself.

Have you ever daydreamed about receiving a sudden windfall? 
At some point many of us will receive an insurance payout, a significant tax refund or a bonus for a job well-done. 
Though it would be tempting to put the whole amount toward a luxurious vacation or a new car, it’s important to think about your long-term financial goals, too. 
You can still have a little fun, but if you really want to make the most of a windfall, here’s what to keep in mind.

• Pay down high-interest debt first. Credit cards often carry up to a 20% interest rate. After knocking out any of these balances you may have, consider attacking your student or personal loans.  
  
  
• Build your emergency fund. Sudden unemployment can hurt when you have fixed expenses like rent or a mortgage, groceries, children’s tuition and medical bills. Saving at least three months of living expenses in an emergency fund helps to prepare for a rainy day.
  
  
• Up your employee contribution to your 401(k). If you’re part of a 401(k), consider increasing your contribution (especially if you benefit from an employer match). In 2019, you can contribute $19,000 a year or $25,000 a year if you’re 50 or above. 
  
  
• Invest in a balanced portfolio. Reach out anytime to determine your risk tolerance and discuss your personal goals. From there we can work together and can create a smart investment plan.
  
  
• Contribute to your children’s education. If you have a 529 plan for your kids, consider putting a portion of your windfall toward a one-off incremental contribution.  
  
  
• Invest in yourself. This can be the perfect time to enrich your skills. For example, you might decide to enroll in a “learn to code” boot camp or take a management course. Consider this an investment in yourself and your future earnings.

Have questions? Get in touch to discuss your financial goals and plans.