Posted by on Sep 19, 2017 in Finance & Insurance | 0 questions

The money you make at work is yours, and nobody should be allowed to take even the smallest piece of it without your authorisation. Unfortunately, however, the stealing, losing and taking of money without authorisation are common plights that earners have to face. And because these plights are so common, it’s down to you to protect your earnings from them. Below you can find advice on how to do so.

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Protecting against stealing and theft

The physical stealing and theft of money earned is the most common way in which it is lost. Therefore, you must do all you can to protect your earnings against it. And the best way to do so in the digital age that we live in today is to ensure all of your personal data, such as your bank details, are as protected as can be. This is because personal data — specifically information regarding your bank, your accounts and the money in them — is now the number one target for home burglars.

No longer will these reprobates enter your home and just focus on taking things such as TVs or jewellery; no, today they will target the items in your home that hold your personal data, such as your laptop, your tablet and your phone. To combat this, you should ensure all of these technological devices are hidden at all times — even when you are yourself in your home. This is because burglars now only need approximately three minutes to enter your home, find what they need and take it.

And these three minutes could come at any point. They could come, for instance, when you are preoccupied in the shower. So, if you want to protect your earnings today, make sure your personal data, and the devices they are stored on, are hidden. Also, make sure to protect all of your data online too. You should this because there are thieves out there known as cyber criminals that are just waiting to gain access to your online accounts.

Protecting against the loss and taking of your earnings

Sometimes it’s not just burglars and cyber criminals that are seeking to steal your money. No, sometimes you will find that the state will try to take it too. Commonly, this kind of loss of earnings comes in the form of the money you earn over a life long’s worth of work being taken from you after your death. Now, you may not be around to see the said taking of your money, but those you leave behind will be around to see it. It is for this reason that you should take out life insurances.

When you do so you have financial coverage, and once you have this kind of coverage it means your money is protected upon your death. You could take out insurance that will provide you with lifelong coverage, or you could take out term insurance, such as that provided by, that will cover you for a certain amount of time. Whichever route you choose to take, just make sure you take one of them. Well, make sure to do so if you want to keep your life long earnings out of the hands of people you do not know. As well as this, you should always ensure your will is up to date and includes everybody you wish to leave your earnings behind to written into it.

Protecting your earnings is of paramount importance in the modern, money-driven world of today. It is important that everybody does this, but it is especially important for business owners or prospective business owners to do it. Well, how can you set up a successful business and put it’s earnings to good use when you can’t even keep a hold of your own?