Today, more than ever, we live in a fast-paced world where it’s far too easy to skip the little details that keep our finances as well as our privacy intact. Here are some tips to help:
- Read the Fine Print: When purchasing online services or installing apps, always read the fine print. Many apps collect data unrelated to their services for marketing purposes, and sell this to data aggregators who then bombard you with Ads. Consider the necessity of each app and the value of your personal information. Is it worth it?
- Browser Choice: Google Chrome collects extensive user data. Consider using privacy-focused browsers like Brave. The same applies to other “free” products like Gmail and Google Maps. If a product is “free,” you are likely the product.
- Bundled Services for Consumers: Bundled services like internet, telephone, and television may seem cost-effective at the time, but can be restrictive if your needs change and you’re locked into a contract. The providers know this, and their aim is to “lock you up” with services and a contract that are painful to change. An internet connection alone can often provide all necessary services. Look before you leap.
- Customer Support: Be patient with offshore customer support. They are usually not empowered to solve problems, making the process challenging. Remember, the person on the other end of the phone is notthe problem, and they’re just trying to make a living.
- Bundled Services for Businesses: Relying on a single vendor can be risky, especially if the vendor is acquired, fails, or gets new management that is not focused on the things you value. Diversify your vendors to avoid being in a difficult position if a change is needed. Better to have five vendors for 10 products, then one vendor for 10 products.
- Review Your Bills: Regularly check your bills and compare them with current offerings. You might find more efficient plans or better deals. Companies won’t proactively offer you better deals, so you have to take the initiative and manage your services.
- Virtual Credit Cards: Services like Privacy.com can help manage your online transactions securely.
Remember, being an informed consumer can save you money and protect your privacy. It’s essential to stay proactive, review your choices regularly, and make changes when necessary.