While most of us take steps to protect our assets from fire and theft, there are some items in your home that you likely cannot afford to lose in any circumstances.
Think: birth certificates, passports, Social Security cards, tax documents and any collections of valuable items, like stamps or coins. Often we default to using either a home safe or storing the most important of these items in a safe-deposit box in a bank.
If you don’t have a plan for which documents and other important items you need to keep out of harm’s way, we can help you sort through the confusion here.
First off, if you don’t have a home safe, or a safe-deposit box at your bank, you need to consider which one is best for you and decide what to keep inside. In most cases, though, if you want the best in protection, you should have both.
Here’s what you need to know: Protecting Your Valuables- Home Safe vs Safe-Deposit Box