What Should you Take out of Your Wallet?

I'm sure we've all heard the Capital One's saying, "What's in your wallet?" In my case, not much. I have some different receipts, a few cards and other random things that are probably worth throwing out. If you are a wallet holder (which I imagine most everyone is), there could be a possibility that you have some items in your wallet that you should leave home. I am the worst offender of this, so don't feel alone. ABC News wrote an article about things you should leave back at the house to protect yourself. Here are a few of them.

Social Security Card

This is probably one of the most important things you can leave home. While it may seem like it's important to keep with you, in case you need to fill out paperwork, it's actually a bad idea to carry a social security card on you. I am a repeat offender of this. Social security cards, in the hands of the wrong person, can reek havoc on your life. If you were to lose your purse or wallet and someone finds it, they can easily open up credit cards or use it for other purchases that will affect you. Do this instead, memorize your number so that you never have to keep your card on you. I memorized mine ages ago, and now I don't have to worry about the stress of the number ending up in the wrong hands.

Credit Cards

Don't leave all of your credit cards home, but if you are someone who has more than one, it's important to monitor what ones you have with you. The average household has more than one credit card (two to three) which can mean that you often times feel like you have more money than you actually do. Instead of carrying all three, bring your primary card with you and leave the other ones home unless you absolutely need them. It can save you money in the long run by holding you back from making purchases that you don't need.

Old Receipts

It is definitely important to track what you have bought, but it's not a good idea to keep receipts on you. Often times the receipts can have important information on them that can lead to identity theft. On top of that, clutter in the wallet is just a nuisance anyway, and if there are old outdated receipts, get rid of them. They have no reason to be in your wallet.

If you have to, buy a smaller wallet, that way you will be forced to cut the clutter and cards out of your pocket. I ended up downsizing recently, and it's one of the best things that has happened to my right pocket in many years. I don't walk with a limp anymore (okay that's a lie. I never did). Just remember that you should only carry what you need with you. If you carry additional cards or information about yourself, it can be easy for people to steal your identity.

What do you carry in your wallet?

Seth P.