Carrying a wallet with all your important identification documents and spending accounts might seem like a good way to ensure that you have everything with you when you need it and that it’s all in one place. But what would you do if you lost your wallet, or, even worse, if it was stolen? If someone were to obtain your wallet would there be enough information in there to steal your identity or spend an exorbitant amount of money? Here are 5 things that you should never carry in your wallet or purse that could not only save you the hassle of dealing with fraudulent spending but also help you get all your missing documentation back easily.
Your Social Security Card: According to identify theft experts, losing your social security card or anything with your social security number on it is incredibly dangerous. Make sure that your wallet is free of this information and keep your SSN private.
Cheques: Cheques are easy to forge and just one single cheque could leave your bank account empty. Even if you have a filled out cheque in your wallet you could be putting yourself at risk. Cheques contain account and routing numbers, with which transfers could be made. It’s best to only carry a cheque when it is absolutely necessary.
Your Passport: There is honestly no good reason to carry a passport in your wallet. If your wallet were to get stolen or go missing having a piece of government issued ID handy will make the hassle of getting everything back so so much easier. On top of this, if the wrong person were to get their hands on your passport they could use it to travel in your name, get a copy of your social security card or even open bank accounts.
Your Birth Certificate: A birth certificate isn’t the best tool for an identity thief, but they could be used along side other forms of ID. Having your birth certificate will also make it easier to replace any lost or stolen wallet items.
Multiple Credit Cards: Having multiple credit cards in your wallet leaves a thief with more credit to spend, and you with more cards to cancel if you find your wallet missing. Carrying just one card is a much safer idea. It’s also a good idea to have the cancellation numbers for all your credit cards handy just in case you need them