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GrandView Annual Shred Day Thursday, November 14th

By Kelly Morgan, CFP®

Join us for our annual GrandView Financial Group Shred Day Thursday, November 14th from 9 am to noon.

Every year, we bring in Gone for Good‘s mobile shredding truck to help our clients and our community responsibly dispose of old documents.

Why shred?

It can prevent identity theft.

Identity theft is easier than ever in today’s interconnected world. While many people believe their online information is the only way people can steal their identity, physical documents can leave you vulnerable to fraud as well.

No law prevents people from going through your trash. This is where many identity thieves get their hands on sensitive information that allows them to access your personal, professional, and financial accounts. You can significantly decrease the likelihood of falling victim to this crime by properly disposing of documents with personal information.

Shredding old documents ensures that potential identity thieves cannot reconstruct or extract valuable information from discarded paperwork. By rendering the documents unreadable and irretrievable, you effectively reduce the risk of identity theft.

It frees up space in your home.

If you have boxes of old travel documents, medical records or expired legal documents taking up space in your home, shredding them is an effective way to dispose of them safely and free up room in your house.

Many people keep documents with sensitive information longer than they need to because they’re afraid of them falling into the wrong hands. There’s no reason to hang onto years-old documents just because they contain personal, professional, or financial information. Shredding them allows you to create new space and eliminate the hassle of storing unnecessary documents.

It can help the environment.

Shredding old documents doesn’t just protect your information. It also protects the environment!

Recycling at home is an important practice. Unfortunately, many people don’t know how to recycle properly. Just one unwashed plastic carton or piece of food waste can render an entire recycling bin useless. Luckily, shredding documents through a proper shredding company can reduce the likelihood of the recyclable material going to waste.

Shredded paper can be recycled, which reduces the demand for fresh paper production and ultimately conserves natural resources. By shredding and recycling your old documents, you contribute to waste reduction and demonstrate your commitment to environmentally responsible practices.

What to Shred?

Lots of people who hold onto old documents do so because of one simple question: what if I need them in the future?

There are some hard-and-fast rules regarding how long you should keep documents before shredding them. Here are some ways you can categorize items that can be shredded and items that you should hang onto for now:

  • Destroy immediately: Always destroy documents that contain personal information and are no longer needed, including airline tickets, credit card offers, and ATM or gas receipts.
  • Destroy after one year: It’s advised that you hold onto medical bills, bank statements, and payment confirmations for at least one year.
  • Destroy after seven years: The IRS recommends that you keep tax documents, such as W-2s and tax returns, for up to seven years before properly destroying them.
  • Destroy after expiration date: Many important federal documents have expiration dates to ensure they’re up to date. These include passports, driver’s licenses, birth certificate copies, and insurance policies.

Who: All clients and the local community that are looking for shredding services.

What: Free shredding services. This is a come-and-go event. Gone for Good will assist with any boxes or heavy loads.

Where: GrandView Financial Group Offices 3168 Cahaba Heights Road Birmingham, Alabama 35243

When: Thursday, November 14th from 9 am to noon