6 Dangerous Things in Your Wallet Right Now That Could Ruin Your Life

Don’t Carry a Stack of Receipts in Your Wallet

Ripping off receipt.
Photo by ESB Professional – Shutterstock.com

How often have you stuffed receipts in your wallet without even thinking about it? And how often do you clear out those receipts? I’ll admit, I’m sometimes guilty of this myself, especially when I use bigger wallets that don’t get overcrowded even with a few receipts lost inside.

Though businesses haven’t been allowed to print more than the last five digits of your credit card for years now, clever thieves could still use those digits in order to gain more information about you. All they have to do is fill in the blanks. If your name is also on those receipts then they’ll have an even bigger chance of stealing from you.

The best move is to spread them.- yep, that means you shouldn’t toss them as they are in the trash, either!

Some people may want to keep certain receipts, especially for returns or warranties. In that case, you can ask merchants to send you digital receipts instead. Problem solved! For the paper you already have it’s best to make digital copies and store them in the cloud, then get rid of the physical receipt by shredding it.

For $29 per month, you could open a Shoeboxed account, which helps by creating and categorizing digital copies of your receipts and business cards!

So, what are the things you’ve just found out you have to remove from your wallet today? Leave us a comment down below!

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4 thoughts on “6 Dangerous Things in Your Wallet Right Now That Could Ruin Your Life”

  1. I am a novice at this traveling thing. I hear a lot about the Cloud. Would you explain what it is and how do I use it? Furthermore, is the cloud the only use for traveling? I am thinking of taking a vacation with my husband come spring. Please help me figure out what the cloud is and what keeps others from accessing it. I would like to be able to have it figured out before I go on vacation. Please help. Cheers Sarah

  2. My sister di that. She stored everything on cloud, then when we were away on vacay, she tried to access her cloud. It wanted to charge her for everything she was downloading. Being charged for her own stuff, thaks crazy. that was a while ago so I don’t know if the cloud is diferent now and that ws when it first came out.

  3. The cloud is just somebody else’s computer, but given a friendly fluffy name. All Computers can be hacked. Haven’t you noticed all the ransomware being used to make big companies pay $$$$ nowadays?

  4. Agreed 100%. I recently lost my wallet in Vegas. After reporting the loss to the police, I received a follow up phone call from a detective of the police department. We discussed almost exactly the same contents as covered in this article, except the hard copy credit card receipts from the stores. A very interesting perspective from the detective: most lost wallets/purses are picked up by everyday common folks. Even if they aren’t model citizens who would turnthe wallet into the police, or, just drop off into a mail box, they lack the sophistication to venture into the more serious crimes of identity thefts.
    That said, still, it’s best to be vigilant to make all the defensive moves after the loss — the sooner the better. One of my best moves after discovery of the loss of my wallet was to remotely turn off my credit cards via the phone apps within minutes. That headed off at least 3 attempts of unauthorized online use of my bank debit card. So, make sure you know how to activate/deactivate your credit/debit cards with your phone. It should be an available feature in your phone app. Walk in to your bank to ask for help if you are not computer savvy enough to figure it out yourself.

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