We bought a shredder a while ago because I kept taking stuff to shred to work. I had enough stuff that appeared in my house that I did not want to leave my home in the garbage where anyone might look at it, and I also enjoyed destroying things.
What kind of things do I enjoy running through my shredder?
- Most of the credit cards I have kept sending me “cheques” that I can use to make cash withdrawals and get charged 20% interest from when the cheque is cashed. These things have my credit card number on it, and thus if someone got a hold of it intact, I would be in intense trouble. They shred very nicely.
- Credit Cards that I do not use, I have a bunch of credit cards that I do not use, that I am going to cancel, but I have already shredded them. They shred very nicely, indeed.
- I also shred many old financial documents that I don’t need to keep, don’t want to burn or leave out in my garbage either.
- Cancelled cheques and the like as well.
- Old pay stubs.
I put my shredder in the same class as my safe deposit box as being something important in my Financial Planning, an important aspect of safety and security in finances.