How can I protect important items and papers? 
Tip Sheet Credibility: 34
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| Store them in your refrigerator. Use a container or bag if worried about them getting wet. If there is a fire they'll be protected, and the fridge should protect them from other dangers. This is ideal for financial papers, tickets and the like. Tip Credibility: 51 (Best Tip!) |
| Scan your documents and burn them to a disc. Then you can store the backup offsite. I then place the important stuff into a plastic waterproof bag and and have them stored in a metal container filled with water. Pretty much fireproof. Tip Credibility: 47 |
| Rent a safe deposit box at your local bank. Can't get much safer than that. Cost starts around $20/year for a small box (around 6x3x24") for discs etc. It's usually a deductible expense, and well worth getting a larger one for irreplaceable documents. Tip Credibility: 27 |
| Fireproof safes shaped like bulky briefcases start at about $30 - $40 at the office stores. Choose one that accommodates file folders: many don't. A modest expense compared to losing it all in a fire. Secure to something immovable to deter thieves too. Tip Credibility: 27 |
| Keep your Tax Returns forever. The Tax man can only go back seven years on filed returns. One man recently was audited for a 15 year old return the IRS said was not filed. Make digial copies of old returns and keep forever. Tip Credibility: 8 |
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