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Erase your financial footprint

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Remember, in early history, how someone could cause a person to lose their trail? The person that did not want to be followed would erase their footprint. Protecting your financial information is a must these days. In an age where technology is making it easier for a thief to steal your financial information, you need a solid game plan on how you want to protect yourself. The area to tackle today is the mountain of pieces of paper that have a financial trail to our credit cards and bank accounts.

Be careful of how you handle those pieces of paper that can give someone a hint of your personal financial picture. For example, if you burn receipts in a fire place, this is a fine strategy, just be sure they are completely burned to ash before leaving the fire or before putting the ash in a dumpster.

Another way of handling this is by having a good shredder. Make sure that the shredder can handle multiple pages, that the capacity is such that you are not constantly having to empty it (if a shredder or any other tool becomes an annoyance, the less likely you are to use it), and that it can handle shredding credit cards or other cards that can identify you.

In addition, since you cannot always have your shredder with you, a possible way of handling sensitive pieces of paper while you are on the road or away from home for any reason is to carry shredding scissors. Therefore, instead of having to hold on to the papers and receipts until you arrive back home, you can do your own shredding and be assured that the information is destroyed. On top of the portability, these are much cheaper than a large capacity shredder. If you are on a tight budget, this might be the best place to start. An example of shredding scissors can be seen here: Click Here

The key is to not be a procrastinator about protecting your personal financial information. Do not wait until someone steals your information to take action. Happy L-earning!

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