Arif Hababy, President & CEO of Total Financial Solutions hosts the Safer Money Hour with co-hosts, Jeff Girard and Mark Murphy.
This week’s guest Arif and Fred discuss Risky Places o Swipe Your ATM/Debt Card on their first hour, and ask are you properly insured on their second hour.
We live in an age where everything can be found on the internet, but today finding the right information is like finding a needle in a hay stack. Total Financial Solutions is here to help you sift through all the information and find what is right for you.
When it comes to ripping you off, you have to be careful around ATMs and credit cards. It is important to know the differences between an AMT card and a credit card. When you use a credit card, you are transferring the risk to the credit card company. The merchant say’s pay me now, but give me three percent. Now you have to pay that extra money, and if you are late they keep adding on.
Now transfer that to a debt card. Guess who has the risk now? A lot of times it is you who has the risk. So make sure that you look at what risks you have on your credit card. If you just use a debt card, you could possibly be at risk of someone cleaning out your entire bank account. Sometimes in the credit card world you can only be on the hook for $50, and it could make a big difference in your strategy.
We have also talked about not traveling with only one card. If you put all your financial dependency on one card, and that is tied up, then you are up a creek. The same can be said for your everyday life. Your bills and mortgage are all coming from one account and it gets tied up, what do you do now?
Total Financial Solutions Safer Money Hour , with host Arif Halaby , President & CEO of Total Financial Solutions airs every Tuesday from Noon to 2pm  on Santa Clarita’s Hometown Station, KHTS AM-1220. 
Get all the information you need about Total Financial Solutions Safer Money Hour  here.
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