Question: Is It Safe To Throw Away Utility Bills?

What papers should I keep and for how long?

How long should you keep documents?Store permanently: tax returns, major financial records.

Store 3–7 years: supporting tax documentation.

Store 1 year: regular statements, pay stubs.

Keep for 1 month: utility bills, deposits and withdrawal records.

Safeguard your information.

Guard your financial accounts.More items….

What papers to save and what to throw away?

When to Keep and When to Throw Away Financial DocumentsReceipts. Receipts for anything you might itemize on your tax return should be kept for three years with your tax records.Home Improvement Records. … Medical Bills. … Paycheck Stubs. … Utility Bills. … Credit Card Statements. … Investment and Real Estate Records. … Bank Statements.More items…•

Is it safe to throw away old utility bills?

Most experts suggest that you can shred many other documents sooner than seven years. After paying credit card or utility bills, shred them immediately. … After one year, shred bank statements, pay stubs, and medical bills (unless you have an unresolved insurance dispute).

Is it OK to throw away receipts?

Experts warn that the only receipts that are safe to throw away are those which contain no personal information whatsoever, such as a grocery or coffee shop receipt. However, there are exceptions to even those rules—here’s what you need to shred: ATM receipts. … Receipts containing your name, address, and/or phone number.

How do you destroy personal documents without a shredder?

Pulping is a fairly labor-intensive, but highly effective way to get rid of old sensitive documents. For this method, you’ll need bleach and a tall, bleach-resistant trash can. Add a half gallon of bleach to the trash can. Bleach breaks down paper and destroys ink, so it’s great for rendering your documents unreadable.

What can I use instead of a paper shredder?

Blender or food processor with water. Turn it into pulp. There isn’t much substitute for the standby methods, burning or shredding. Most secure is to crosscut shred, then burn, and finally disrupt the ashes by grinding into fine powder or washing down a drain.

Is there an alternative to shredding?

An easy alternative to shredding at home is to use a local paper shredding service. Check with your local UPS Store or FedEx to see if they provide this service. There are many recycle centers that will do this for you as well.

Should I throw away bank statements?

You should probably keep hold of credit card and bank statements for a year but you can throw away other household paperwork like utility bills.

How many years of bills should you keep?

A good rule of thumb is to keep any bills that you may want to review at a later date for 12 – 24 months.

Is it safe to put personal papers in recycling?

Don’t Put Shredded Paper Out for Recycling If You Want to Keep Your Personal Stuff Private. … There are even shredders that will destroy CDs and credit cards. However, shredded paper may actually clog recycling facilities not designed specifically for the narrow strands of paper.

Where can I take my papers to shred for free?

With shredding services available at The UPS Store locations nationwide, you can get rid of your personal and business documents using one of the leading document destruction vendors, Iron Mountain®. Shred your items to help protect yourself and your business from identity theft.

How many years of medical records should you keep?

seven yearsFederal law mandates that a provider keep and retain each record for a minimum of seven years from the date of last service to the patient.