MYRTLE BEACH, SC (WMBF) – If saving money is at the top of your new year’s resolution list, there are a few steps you can take to protect your wallet from scammers and save up along the way.
First, you need to strengthen your digital security now to avoid headaches in the future.
The Better Business Bureau recommends creating strong, unique passwords for every online account. This makes it much harder for scammers to access multiple accounts if one is compromised.
Avoid using common passwords such as birthdays, anniversaries, pet names or your mother’s maiden name as these are easily found online.
Strong passwords are at least 12 to 16 characters mixed with upper and lower case letters, numbers and symbols.
Next, enable two-factor authentication. This adds an extra layer of security, especially for accounts with your finances.
You generally have the option to set up two-factor authentication when you register an account on a website or app.
These can include setting up a face scan, fingerprint, pin number, or six-digit codes sent to your email or phone.
BBB of Eastern Carolinas spokesperson Nicole Cordero said it’s also important to adjust your privacy settings on social media. Avoid sharing personal information in your profile and even in “fun” quizzes that pop up on your feed.
“They’re using that information to learn about you, and in some cases, the questions that you’re answering can be password hints for these scammers,” Cordero said. “The information you’re giving might not be ending up in the best hands.”
Also, be suspicious of unexpected emails or texts, even if they appear to be from a legitimate business or government agency, and never give out financial information to unwanted callers to avoid identity theft.
Regularly check your financial statements to catch any unauthorized transactions early.
Setting clear financial goals for 2026
Whether it’s building an emergency fund, paying off debt, or saving for retirement, the BBB said setting clear financial goals is the best way to step into 2026.
Create a written budget and track your spending to avoid spending more than you earn.
Take advantage of free AI tools that can help manage or reduce debt.
Identify fixed expenses, needs and wants.
Look for small savings, like brewing coffee at home instead of buying it.
High interest rates can waste your money, so contact your credit card company to ask about lower rates or balance transfer offers.
Cordero also said to avoid wasting your money on scams by researching before you buy.
“The best way to do that is check with BBB.org before you make a purchase on an online store with a business you’re not familiar with,” Cordero said. “Make sure you’re just checking them out and seeing what previous people have had to say about shopping with them.”
Review all your subscriptions to cancel any you no longer need, as those can also chip away at your money.
Lastly, consider freelancing or a side hustle to bring in more income. Just make sure you explore side gigs through reputable platforms and search them on BBB.org first.
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