"There was a time when a fool and his money were soon parted, but now it happens to everybody." - Adlai Stevenson
logo

Go Back   Saving Advice > Financial Chit Chat > Personal Finance News, Articles & Blog Posts

Personal Finance News, Articles & Blog Posts Come across personal finance news, articles or blog posts that you really liked and want to share? Place them here.

Reply
 
LinkBack Thread Tools
Reply With Quote
  #1 (permalink)  
Old 03-22-2006, 06:41 AM
jeffrey's Avatar
jeffrey jeffrey is offline
Administrator
 
Join Date: Apr 2004
Posts: 5,000
Last Blog Entry: Forum Posting Issues - Access Denied
Points: 380270.80
Donate
Default Your Personal Information Is Worth Money

When you give information to a company, that information is worth money. Whether it is an application for a credit card or a cell phone application, the information can (and often is) resold to others for a profit. You may be surprised at how much it is really worth. For example, a lot of the personal finance writers list their net worth and assets. Their asset information is worth $6.95. Basic information you'd supply for many applications can add up to over $100. SWIPE is an organization that you should request the value of the information you give to others as they will likely resell it and make a profit from it.




This calculator allows you to determine what your data bits are worth on the open market so you can request proper compensation when it is asked from you. For instance, a typical cellular phone company will ask for your address, date of birth, phone number, Social Security number and driver's license to open a new account. Consult our data calculator and that will be $13.75 please!

Refer to this calculator when you interact with all businesses and government agencies. Make sure you get a cut of the profits from the reselling of your information.


Here is what your personal information is worth at the retail level according to the SWIPE Personal data calculator ranked in accordance to worth:

Rank Information What It's Worth
1 Military Record $35.00
2 Bankruptcy $26.50
3 Worker's Comp $18.00
4 Unpublished Phone # $17.50
5 Felony $16.00
5 Industry Accreditation $16.00
7 Employment $13.00
7 Sex Offender $13.00
9 Education $12.00
10 Cell Phone # $10.00
11 Own Business $9.95
11 Past Addresses $9.95
13 Credit $9.00
13 Misdemeanor $9.00
15 Social Security # $8.00
16 Divorce Info $7.95
16 Marriage Info $7.95
18 Assets $6.95
19 Driver License Info $3.00
19 Motor Vehicle Reg $3.00
19 Relatives $3.00
22 Assets Seized $2.95
22 Lawsuits $2.95
24 Date of Birth $2.00
25 Aircraft License $1.50
25 Own Aircraft $1.50
25 Own Boat $1.50
25 Real Estate $1.50
25 Shareholder $1.50
30 Accident Record $1.00
31 Own Vehicle $0.75
31 Professional License $0.75
33 List of Vehicles $0.70
34 Address $0.50
34 Executive Affil $0.50
34 Past Phone #'s $0.50
34 Zip Code $0.50
38 Concealed Weapons $0.25
38 DEA License $0.25
38 Firearms License $0.25
38 Hunting & Fishing License $0.25
38 Merchant Vessel $0.25
38 Neighbors $0.25
38 Published Phone # $0.25
38 Registered URL $0.25
38 Voter Registration $0.25
Reply



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Michael Jackson - Money & Personal Finances jeffrey Personal Finance 2 03-30-2006 04:50 AM
AAA is it worth the money? cercis Frugal Questions and Answers 26 11-22-2005 05:48 PM
Personal Money Saving Tips moneyfolk Personal Finance 1 10-25-2005 01:13 PM
Is a personal financial statement the same as a net worth statement? carolinabee Personal Finance 1 03-15-2005 07:21 PM
History Of Personal Finance & Money In Films jeffrey Personal Finance News, Articles & Blog Posts 0 12-16-2004 03:49 PM



Powered by vBulletin®
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.0.0 RC6 © 2006, Crawlability, Inc.

Copyright © 2012 SavingAdvice.com. All Rights Reserved.