Risks Associated with Checkbooks and the Importance of Electronic Payments

Today, a Red Alert if you have a checkbook in your possession. Check theft is soaring at a time when people are writing fewer checks. Clark explains the weak links in the system, and the safest way to pay your bills. Also, the rising costs of homeowners insurance hits especially hard in areas prone to flooding, fires, and other environmental concerns. Know the additional steps to take concerning insurance BEFORE you buy a home. 

• Check Fraud Prevention: Segment 1
• Ask Clark: Segment 2
• Homeowners Insurance - Assessing Risk: Segment 3
• Ask Clark: Segment 4

Mentioned on the show:

• NYTimes: We Can’t Stop Writing Paper Checks. Thieves Love That.
• NYTimes: Stolen Checks Are for Sale Online. We Called Some of the Victims.
• The New York Times: What to Know About Writing Checks While Preventing Fraud
• How To Roll Over a 529 Plan to a Roth IRA
• The Artist's Way
• Where to Buy a Vacation Home Safe From Climate Risks
• Want to know if your future home might flood? These states are requiring disclosure.
• Climate Check - How Will Climate Change Affect Your Property?
• Donor-Advised Fund Definition, Sponsors, Pros & Cons, Example
• Why Big Banks Are a Bad Place for Your Cash
• How To Sell, Cancel or Get Rid of Your Timeshare
• Why 'Buy Now, Pay Later' Worries Clark Howard

Clark.com resources

• Episode transcripts
• Community.Clark.com
• Clark.com daily money newsletter
• Consumer Action Center Free Helpline: 636-492-5275

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