3 Diamonds and a Dog #9

Jul 27, 2012 by

In each post of the Money Counselor “Diamonds & Dogs” series, I pick three items—could be an article, a website, a video, an image—that in my humble opinion would be especially valuable—the Diamonds—in helping Money Counselor readers make better money choices. And to balance the three Diamonds, I pick just one lame item—the Dog.

money idea gems3 Diamonds

  • If you like to get a little cash back when you use your credit card, Free Money Finance recently named the “Best Cash Back Credit Cards, July 2012”.
  • My friend Joe at Retire By 40 turned in his notice and is leaving his corporate job. From reading his article “I Handed in My Two Week Notice“, sounds to me like he made a great decision. You might find his story inspirational if you’re suffering in a job you hate.
  • With the 2008 meltdown crushing many retirement accounts, more people are planning to work well into their 60s or even 70s. In “You Can’t Work Forever: 5 Reasons Your Retirement Will Be Sooner Than Expected“, Squirrelers make the excellent point that counting on paid employment well into your senior years is a risky strategy.

lame money adviceA Dog

Scammers’ creativity and ingenuity never ends.

If you use your computer in hotels—especially overseas—you should be aware of a scam described in this May release from the FBI:

 

Recent analysis from the FBI and other government agencies demonstrates that malicious actors are targeting travelers abroad through pop-up windows while they are establishing an Internet connection in their hotel rooms.

Recently, there have been instances of travelers’ laptops being infected with malicious software while using hotel Internet connections. In these instances, the traveler was attempting to set up the hotel room Internet connection and was presented with a pop-up window notifying the user to update a widely used software product. If the user clicked to accept and install the update, malicious software was installed on the laptop. The pop-up window appeared to be offering a routine update to a legitimate software product for which updates are frequently available.

The FBI recommends that all government, private industry, and academic personnel who travel abroad take extra caution before updating software products through their hotel Internet connection. Checking the author or digital certificate of any prompted update to see if it corresponds to the software vendor may reveal an attempted attack. The FBI also recommends that travelers perform software updates on laptops immediately before traveling, and that they download software updates directly from the software vendor’s website if updates are necessary while abroad.

Nominations Please

Do you have a nomination for a Diamond or Dog? Send it to me please using the Free Advice link at the top of the page. I’ll give you credit if I use it in a “3 Diamonds and a Dog” post.

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