Comment on The ultimate life hack the government doesn't want you to know
Annually2747@lemmy.world 8 months agoWhat I was just advocating for, is taking ownership and control of the risk. If it’s your own entire bank account perhaps with a few thousand dollars, that risk is thousands of dollars. By segmenting that you can reduce it to dozens of dollars in which case, no matter the coin flip of bank fraud and money return, you’re never putting your eggs all in one basket.
Risk management is more than good insurance.
mojo@lemm.ee 8 months ago
I don’t think you understood what my comment said. Fraud is prevented with credit cards, and that risk isn’t there. It’s smarter to use credit over debit, any bank will tell you that.
Annually2747@lemmy.world 8 months ago
Explain the risk of fraud with a travel card.
mojo@lemm.ee 8 months ago
Feel free to keep using a travel card
Annually2747@lemmy.world 8 months ago
I’m trying to get you to validate your point.
Risk 1: identity theft. Doesn’t apply, travel cards aren’t a form of identity. If stolen they can not be used as identity.
Risk 2: money theft. Largely mitigated to minimal amounts trivial if not returned.
I get it, you don’t like this conversation, you’d rather I do my own research than discuss alternatives any further. I won’t reply after this.