Springtime is just around the corner. Now is a good time to rid your home of the clutter and paperwork you have accumulated over the past year. When it comes to reviewing your financial records, how do you know what to discard and what to keep?
Credit card and bank statements, canceled checks and past tax records are all important documents. But when is it safe to throw away certain financial records? Developing a plan to manage your paperwork can help ensure that you have the appropriate documents on hand if the need should arise.
The Better Business Bureau is sponsoring a “Shred Instead” day in Boise Saturday, April 17. The event is free. People are invited to take a maximum of three boxes or sacks of personal information they no longer need, yet want to keep it safe from identity thieves.
The two-hour shredding party begins at 10:00 at ITD’s Headquarters parking lot, 3311 W. State St.
The Better Business Bureau, along with the Federal Deposit Insurance Commission (FDIC), suggest the following record retention system as a reasonable approach for many people:
To avoid becoming a victim of identity theft, be sure to shred any document that contains a Social Security number, bank account number or other personal information (especially financial information), before tossing.
Individuals interested in volunteering at the shredding evens are encouraged to contact Beve Bryant at Boise’s Better Business Bureau, 947-2107, firstname.lastname@example.org