The wallet: a place where a copious amount of receipts, credit cards, business cards, and money are all stored. Ever feel like you might have too much in your wallet? What happens if your wallet got stolen?
Here a few ways to help create a safe and clutter-free wallet:
Photocopy all of the contents in your wallet. NerdWallet suggests that you should keep photocopies of all items in your wallet. Then file and store them in a safe place.
Debit/Credit Cards: Farnoosh Torabi, of Yahoo Finance says to keep only the most frequently used credit or debit cards in your wallet and keep the rest in a safe place at home. A suggestion might be to only have 2 cards in your wallet (one debit, one credit).
Cash: It is always smart to carry a little bit of cash with you! You never know when you might need it. Torabi suggests that $25-$50 is a good amount.
Forms of Identification: The most important form of I.D. should be your drivers license and maybe to have another form of identification like a student or work I.D.
Go Digital! There are so many great apps out there to help reduce clutter in your wallet. The new iPhone app Passbook lets you store boarding passes, loyalty cards, movie tickets, and coupons all in one place. It will give your wallet a break from carrying all of those extra coupons and loyalty cards.
Do receipts build up in your wallet? Try out Shoeboxed, a digital receipt holder. All you do is take a picture of your receipt and it uploads into Shoeboxed where it shows how much was spent, where, and when. This app is a great tool to keep you all of your receipts organized!
As a friendly reminder, DO NOTcarry any of these items in your wallet:
- Social security, birth certificate, and passport: having any or all of these items in your wallet is a security risk. Never put any of these items in your wallet to avoid identity theft!
- Never, ever carry important passwords like your PIN and account numbers. This is just another easy way someone can steal your information!
Do you have any other tips on how to keep a safe wallet? Let me know!
–Lauren, Vice President of Unbanking