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How Long Should You Keep Financial Documents

Family Balance Sheet

Are your financial documents piled up in the corner of your office or under your desk? So much is done electronically now, but there are documents where a paper copy is needed. Any bills for big purchases like jewelry, appliances, computers, etc, should be kept permanently for insurance and warranty purposes.

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Parenting Pointers: Synthetic Identity Theft

Motherhood Moments

Children are especially vulnerable to a new form of identity theft – synthetic – which now makes up 85 percent of cases and means thieves use combinations of real and fake information to take out loans, get credit cards, purchase cars, collect unemployment, and much more. Shred documents that contain sensitive data.

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8 Ways to Prevent Identity Theft

Prairie Eco-Thrifter

Don’t disclose your credit card number to an online vendor unless it is encrypted and the site is secure. Don’t ever write your Social Insurance Number or telephone number on cheques or credit card receipts. Use this same principle if you ever have to send your computer away to get repaired.

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Stay Organized To Keep Your Information Secure

Prairie Eco-Thrifter

If certain employees require remote access to your organization’s computer system, ensure they can only gain access after providing a username and password. Encrypt sensitive and private data such as client’s credit card details. To start with, encrypt the hard drives in your computers. Encrypt Data.

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How I Organize My Paper Files and Filing Cabinet

Family Balance Sheet

And I still use a filing cabinet for my office papers, instead of scanning them onto the computer. During that process, I researched and reported back to you how long you should keep your financial documents. Major Category: Legal Documents - I have sub-files for marriage and birth certificates, passports, and will.

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Cycles in the Night – Processing of a Mutual Fund Transaction

Prairie Eco-Thrifter

I’m retired now, but in my professional life I wrote and managed computer software applications for a mutual fund transfer agency. This particular mutual fund transfer agent provided front line client services and back end computer office support for many of the big name mutual funds in the USA.

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Ten Ways to Protect Your Family from Identity Theft

For the Mommas

With hackers tapping into major businessesí credit card information, and credit card companies issuing offers to your toddler, you never know where or how your information can fall into the wrong hands. All those airline credit card offers, those offers for your toddler, old bank statementsÖ donít just throw them away.