After paying credit card or utility bills, shred them immediately.
Also, shred sales receipts, unless related to warranties, taxes, or insurance.
After one year, shred bank statements, pay stubs, and medical bills (unless you have an unresolved insurance dispute).
Do I need to shred utility bills?
You should shred anything that has personal information like your name, address, phone number, social security number, or bank account information. This might include a few documents you don’t initially think about, including ATM receipts, credit card receipts, bills, and even used airline tickets.
How long should you keep utility bills?
Keep for one year and then discard — unless you’re claiming a home office tax deduction, in which case you must keep them for three years.
How do you destroy a document without a shredder?
There are effective ways to destroy your important documents without shelling out cash for your own paper shredder. If you soak your documents in water, you’ll typically render them impossible to read. You can rip them up a little bit, drop them in a bucket or a trash bag, and just set the hose on them.
How much does it cost to shred documents at UPS?
Other Paper Shredding Services
|Fedex||Drop-off service, uses Iron Mountain to do actual shredding||$0.99 per pound|
|UPS||Drop-off services, uses Iron Mountain for shredding||$0.95 – $3 per pound|
|Staples||In-store shredding||$0.99 per pound|