Taking Proper Care of Your Financial Documents

The typical person has a number of highly-private, hyper-sensitive financial documents in their home at any given time. On top of that, most of these people store this information on some type of electronic device. Protecting your financial documents today is far different than it was a couple decades ago. Nowadays, advances in technology have transformed the scope of document destruction and paper shredding. Without an adequate protection plan, all personal financial documents and data may be at risk. The accessibility of these documents is makes the dangers of leaks and misuse enormous. From credit card receipts to tax returns, having a solid grasp on what does and does not need to be disposed of properly is critical.

Identity theft is a growing problem and it all starts with a lack of protection of financial documents. Beyond the scope of a singular person or family, financial organizations and all types of companies are at risk if they do not protect their sensitive data and private documents the right way. The following items must be shredded on a regular basis:

  • ATM receipts
  • Bank statements
  • Canceled checks
  • Credit card statements
  • Home finance information
  • Insurance information
  • Investment records
  • Paycheck stubs
  • Tax returns and all tax information

Too many individuals and companies falsely believe that they are protecting their most sensitive and private information when, in reality, they are completely vulnerable to a security breach. Where are the bills and receipts that you dispose of going? When you “destroy” your financial documents, where are they ending up? Are these documents obtainable by any other person? These are critical questions to ask and the answers to them are rarely available by an individual. As such, hiring a professional company to handle this financial document shredding is essential to protecting yourself, your family, and your business.

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