Keeping your identity and accounts safe is just another important part of being financially secure, but many of us put ourselves at risk every day and have no idea. If you haven’t cleaned out your wallet recently, it’s very likely that you’ve got documentation lurking in your pocket that could put your entire financial identity in danger. Take some time to go through your pocketbook or wallet and remove these 5 powerful documents:
1) Social Security Card: For a savvy thief, this small slip of paper could be all they need to start completely upheaving your entire financial world, including opening credit cards and loans in your name. Lock up your card in a safe place and remove anything in your wallet that might have the number on it. Luckily, as of 2005, states can no longer display your SSN on motor vehicle or drivers licenses.
2) Password Key: The average person has up to 7 passwords they use on a regular basis to protect everything from email to internet banking. Never write down or print out your passwords; don’t give hackers any opportunities to invade your private accounts!
3) Multiple Credit Cards: On any regular day, you’ll probably only need 1 card to handle your transactions. By keeping the rest safely at home, you’ll avoid having to cancel multiple cards if your wallet were to get lost or stolen.
4) Checks: Blank checks are an obvious risk, but even those that have been cancelled or cleared hold important information that could easily be used for identity theft. If you’re absolutely going to need to use a check, bring only the specific amount you’ll need and leave the check book at home.
5) Business cards: It’s always wise to keep a separate holder for your business cards, rather than putting them in your wallet. Giving someone your name, address and business title opens you up to more opportunities for fraudulent activities.
For more tips on protecting your wallet, check out this great article from Kiplinger.com. If you ever have any questions about the safety of your Florida Credit Union account, please give us a call at 1-800-284-1144.
What do you think? Do you keep these items in your wallet or purse, and if so, how do you keep them safe?