Most households accumulate papers and records that are important to them but many people do not know the best way to store them. There are two common types of household record storage: at home and a safe deposit box.
At Home:
Most of your records will be kept at home. Paper documentation remains the comfortable choice for many people. If you store information electronically, it is important to ensure that your laptop or external hard drive is secure. The Federal Trade Commission has additional information on security.
Many people receive bank and billing statements via email. The email will provide a link to your password protected online account. If you chose to go paperless in this way, be certain you download the documents to your computer or to a flash drive so you have a copy of them. Continue reading “How to Store Documents”