If you lost your wallet or purse would you remember everything you had in it? Misplacing your wallet or purse is a terrible feeling. I know I would not remember every item in my wallet. I do know I have carry a credit card or two as well as debit card and driver’s license. But remembering what other cards are held in my wallet may take me some time to remember. So why put myself through this stress of trying to remember everything. Losing a wallet, you run the risk of not only losing your money, but also your personal identity. Your wallet can hold many sources of your personal and financial information. You want to take immediate action to make sure the information in your wallet is not used.
Here are a few tips to help easily remember what is in your wallet so you can take immediate action to prevent any fraud:
Make copy of all important contents such as credit cards, driver’s license, insurance cards, debit cards and any other card or identification. I know I do not know my driver’s license number like I know my social security number. This way if missed place you will have a copy of the information.
Make a list of all phone numbers needed to replace the information that was lost. This way you will not have to go looking for old account statements. The numbers should be keep with the copies of the contents so all information can quickly be obtained.
Contact your bank and credit card company to inform them that your cards have been misplaced. They should be able to send out new cards with new accounts numbers. If stolen you want to do this as soon as possible so that your cards and accounts can be closed.
Contact your health insurance company to inform them that your cards have been misplaced. They should be able to send out new cards.
Pull your credit bureau several weeks after you misplace your wallet or purse. You need to do this to make sure no one has tried to use your information to open new accounts. Reviewing your credit bureau will enable you to see if any additional accounts were opened without your knowledge.
Minimize the information you carry in your purse or wallet. Limiting the cards and information you carry will eliminate the need to contact every credit card company, bank, or other company you have accounts with.
Establish fraud alert on your credit. In case someone tries to use your personal information found in your wallet.
File a police report if you believe your wallet or purchase has been stolen.
Review the current contents you have in your wallet or purse. Decide what you should carry everyday and what should not carry. Then make copies of the information you believe should be held in your wallet or purse and put it in a file. This way you can quick know what was in your wallet if you happen to misplace it.
Til next week take one step at a time to simplify your personal financial life.