accounts

As a financial adviser, I’ve seen a lot of clutter in people’s financial lives. I know people who have dozens of financial accounts. Problem is, the more accounts one has, the harder — and more time-consuming and stressful — it is to keep track of everything.

 “I have an embarrassing secret. And if you’re a millennial, chances are you've got the same one.”

A couple of years ago at the South by Southwest Interactive conference in Austin, I met a guy in a superhero costume promoting his start-up, which he cheekily called Dead Social. His company’s mission statement: “Prepare for a Digital Death and Build Your Digital Legacy.”

To freeze or not to freeze? It’s a common question, particularly after reports of yet another breach of payment card data like those at Home Depot, Kmart and Dairy Queen.