6 Things You should never keep in your wallet

A bulging wallet is not only uncomfortable but a huge risk to your personal and financial security. Clean out your wallet, especially of these six items, and when you’re done photocopy what’s left behind. If you should lose your checkbook, you’ll have a complete list of what was there and what needs to be reported.

Social Security Card

With a social security number an ID thief can open new credit cards or loans. Look for anything with the nine digits on it including a Medicare card.

Password cheat sheet

That little post-it note with all your passwords… not a good idea. Try an encrypted mobile app SplashID, Password Safe Pro or Pocket.

Spare keys

If your home address is in your wallet then a spare key is inviting disaster. This is true for safety deposit box keys and the keys to locks on gates and garages.

Checks

With the routing number and account information, someone could transfer money or auto draft to other accounts. Blank checks are obviously a quick way to withdraw money. Take only one or two checks with you, if you need them.

Passport

A government issued photo id is gold to the ID thief. They can travel in your name, open bank accounts and even get a copy of your Social Security card. Even overseas, keep a copy with you and the original safely locked in the hotel box.

Multiple credit cards

Only carry one and only when you’ll need it. In fact, think about cancelling all but one. Multiple cards leave multiple exposures.

Source: Kiplinger