A stack of receipts
The stacks of receipts you usually keep in your wallet can also open the pathway to your finances. Paper receipts can only show the last five digits of your credit card number, but this is by no means an obstacle for skilled thieves. They can use those digits along with other merchant information on the receipts to find out the missing numbers on your credit card.
To avoid such risks, get rid of the receipts from your wallet by shredding them on a daily basis. In case you do need those receipts for returns or warranties, you can request digital receipts from the merchant. Most retailers used this method anyway.
In addition, you can also turn your printed receipts into digital ones and store them in a secure cloud. There are apps, such as Shoeboxed, which allow you to create digital copies of your receipts and business cards for $29 a month.
Finally, time to not take your medicine…..
5 thoughts on “9 Items Retirees Should Never Keep in Their Wallet”
The new Medicare cards do not have SS# anymore.
Hello, thanks for the information, long time ago I dropped my Medicare card still with my social security number, obviously I got a new one, but I am still at risk ?
Research shows that once a person relies on electronic currency they increase their spending habits significantly. For sticking to a budget, and putting something away in savings, use of cash is the best policy. You will not spend more than you had planned if you bring along the appropriate amount of cash plus only a “little” extra, and vow to keep the credit cards for emergencies. There is also the aspect of the tangible quality of cash that has a much greater impression on the spender who is trying to be thrifty, as many seniors should be, compared to the ease with which a consumer can rack-up debt with electronic currency or credit cards.
The new Medicare cards do NOT have SSNs on them.
It is easy to ask your bank to remove your address from your personal checks.
Who in the world would carry a birth certificate around?? Or a Social Security card–haven’t we memorized those numbers by now??
I never carry ANY of the things that were advised against carrying in this article.
Cash is Freedom. Most independent Latino businesses only transact in cash.