How long to keep documents chart
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- how long should you keep statements and bills
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How long should you keep bank statements!
How long should you keep your tax records in case of an auditHow long should you keep important documents?
Safeguard your information
For physical documents, designate a safe, out-of-the-way place in your home to store all paper records that protects them from damage or theft.
For digital records, be sure to archive and back up all electronic records. It’s a good idea for these records to be password protected.
Guard your financial accounts
Use complex passwords to keep your account information safe.
Make sure your username and password combination is different from the ones you use for personal email, online merchants and social media accounts.
How long should you keep utility bills
Protecting your computer with antivirus software is also a good idea.
Properly dispose of paper documents
You’ll put yourself at risk of fraud or identity theft if you simply throw away private documents, such as financial statements.
Invest in a cross-cut shredder that will eliminate all traces of your personal information, or search for free shredding events in your community. Also consider having paperless statements and documents, which can help reduce the risk
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