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Safeguarding Your Wallet or Purse

With all the emphasis on identity theft, the theft that’s 3 times more common is the theft of a wallet or purse. Here are 2 tips that can help minimize the damage should yours fall victim to a thief:

Remove the riskiest items – These are things that shouldn’t be in your wallet or purse to begin with including your Social Security Card, copies of your online passwords or your bank PIN number.

Make photocopies – Scan or photocopy the important things that remain in your wallet or purse. That includes your driver’s license, bank and credit cards, insurance cards, and even your library card. Make sure you copy both the front and back!

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