FDIC Tips for Young Adults

The FDIC published a collection of simple tips for young adults and teens on saving and managing money and avoiding financial scams. The fall 2012 edition of FDIC Consumer News also includes suggestions for parents and caregivers on saving for a child's future and teaching youngsters about money. 



Protect Yourself Online

Internet Security:

  • Never share personal or payment information via email. Regular email is not secure and can be intercepted.
  • Practice extreme caution when using public computers. You may be at risk when using public computers-such as those in hotels, libraries, or internet cafes. Spyware may have been installed and by entering private information you are at risk of having it stolen.
  • Provide personal information on a web page only if it's secure and you have initiated the contact. Always check for the lock icon or check the site certificate.
  • Keep your passwords secret. Change them regularly, using a mix of numbers and characters.

Reduce Your Risk of Identity Theft on Vacation

Traveling, for business or for pleasure, can increase your exposure to financial risk. Here are some simple tips to protect yourself and reduce the risk of identity theft as you head out on your summer vacation: 



Secure Mobile Banking

Mobile banking offers many benefits – convenience, 24 hour access, the ability to check your balances, make transfers between accounts, and even make loan payments. It is a secure system, however, as with any electronic devices; there are risks and steps you can take to protect you and your financial information. 


Recognize Online Fraud

Email Fraud

Also called "phishing", "pharming", or "spoofing", email fraud occurs when internet thieves are trying to steal your confidential information such as account numbers and passwords. They send emails that appear to be from a well known company or appear as a legitimate website and entice you to disclose personal information.