Comments on: The Shredder, Your Financial Friend http://www.canajunfinances.com/2008/05/13/the-shredder-your-financial-friend/ Personal Finances and Consumer Concerns, essays, stories, examples and how to articles with a distinctly Canadian Point of View Sun, 21 Mar 2010 11:06:19 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: This and That http://www.canajunfinances.com/2008/05/13/the-shredder-your-financial-friend/comment-page-1/#comment-1616 This and That Fri, 23 May 2008 03:29:11 +0000 http://www.canajunfinances.com/?p=893#comment-1616 [...] Canadian Financial Stuff on why his shredder is his financial friend. [...] [...] Canadian Financial Stuff on why his shredder is his financial friend. [...]

]]> By: Canadian Personal Finance Blog » Blog Archive » Security: The Most Important Financial Concept http://www.canajunfinances.com/2008/05/13/the-shredder-your-financial-friend/comment-page-1/#comment-1592 Canadian Personal Finance Blog » Blog Archive » Security: The Most Important Financial Concept Thu, 15 May 2008 11:12:07 +0000 http://www.canajunfinances.com/?p=893#comment-1592 [...] The Shredder , as we spoke about on Tuesday is your security weapon for your printed records. Any old financial records must be destroyed (after they are no longer needed, please don’t just destroy records without knowing whether you need them any more), or stored in a safe place until they are no longer needed. The safest place I can think of for saving important financial documents would be either a Safety Deposit Box or a home safe (or strong box). This will secure your printed information. [...] [...] The Shredder , as we spoke about on Tuesday is your security weapon for your printed records. Any old financial records must be destroyed (after they are no longer needed, please don’t just destroy records without knowing whether you need them any more), or stored in a safe place until they are no longer needed. The safest place I can think of for saving important financial documents would be either a Safety Deposit Box or a home safe (or strong box). This will secure your printed information. [...]

]]> By: Amy http://www.canajunfinances.com/2008/05/13/the-shredder-your-financial-friend/comment-page-1/#comment-1580 Amy Wed, 14 May 2008 00:10:40 +0000 http://www.canajunfinances.com/?p=893#comment-1580 Yes, the shredder is an important household appliance. I often remind people to get one and use it regularly, specifically my grandparents - seniors are easy targets. Another thing that shreds well: credit card applications that come in the mail. They might not be dangerous, but they've still got your name and address printed on them when they hit the blue box. I prefer to shred those. I also enjoy destroying things:) Yes, the shredder is an important household appliance. I often remind people to get one and use it regularly, specifically my grandparents – seniors are easy targets. Another thing that shreds well: credit card applications that come in the mail. They might not be dangerous, but they’ve still got your name and address printed on them when they hit the blue box. I prefer to shred those.

I also enjoy destroying things:)

]]> By: bigcajunman http://www.canajunfinances.com/2008/05/13/the-shredder-your-financial-friend/comment-page-1/#comment-1578 bigcajunman Tue, 13 May 2008 13:23:44 +0000 http://www.canajunfinances.com/?p=893#comment-1578 I would go with whatever the CRA says. As for other records, depends on what you want from your records. Old Credit Card bills are mostly for your protection, as are old pay cheques and such. I would go with whatever the CRA says. As for other records, depends on what you want from your records. Old Credit Card bills are mostly for your protection, as are old pay cheques and such.

]]> By: adora http://www.canajunfinances.com/2008/05/13/the-shredder-your-financial-friend/comment-page-1/#comment-1576 adora Tue, 13 May 2008 12:54:43 +0000 http://www.canajunfinances.com/?p=893#comment-1576 I made friend with the shredder last year. I feel it will be a lifetime thing. Can you advice on how long we have to keep our records? I have a list from Real Simple magazine as reference, but the American standards might be different. I read on the CRA website that tax records should be kept for 6 years instead of the more commonly known 7 years. I use my scanner liberally. Are scanned images are acceptable records? I made friend with the shredder last year. I feel it will be a lifetime thing.

Can you advice on how long we have to keep our records? I have a list from Real Simple magazine as reference, but the American standards might be different. I read on the CRA website that tax records should be kept for 6 years instead of the more commonly known 7 years.

I use my scanner liberally. Are scanned images are acceptable records?

]]> By: zeromoney http://www.canajunfinances.com/2008/05/13/the-shredder-your-financial-friend/comment-page-1/#comment-1575 zeromoney Tue, 13 May 2008 12:18:30 +0000 http://www.canajunfinances.com/?p=893#comment-1575 good call on the shredder, when I lived in an apartment building, someone went through my garbage, found those visa cheques, and wrote some nice ones to themselves, then went on to open a Rogers cellphone account under my name. I now have equifax and transunion required to call me anytime anyone accesses my credit for anything, to verify that is indeed me who is trying to open an account. good call on the shredder, when I lived in an apartment building, someone went through my garbage, found those visa cheques, and wrote some nice ones to themselves, then went on to open a Rogers cellphone account under my name.

I now have equifax and transunion required to call me anytime anyone accesses my credit for anything, to verify that is indeed me who is trying to open an account.

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