Carrying This in Your Wallet? Why Minnesota, Iowa, and South Dakota Residents Should Remove It
Minnesota, Iowa, and South Dakota here is the one “Worst Thing” to keep in your wallet or purse.
We carry lots of things in the wallets and purses that we take with us every day.
Obviously, it can be risky to carry large amounts of money or lots of credit cards in your wallet.
If someone steals your purse or wallet with lots of cash and cards it can mean an instant financial hit and a lot of hassle getting your cards canceled and reissued before a thief racks up big bills.
However, according to federal officials, the one thing that you should NOT carry in your purse or your wallet on a daily basis is...your Social Security Card or Number.
The Social Security Administration says not to carry your Social Security identification card with you in their wallet.
All a scammer needs is your name and Social Security number and they can apply for credit, open new accounts, and even steal tax refunds.
The Social Security Administration clarifies by pointing out...”The best way to Guard Your Card is to keep it in a safe place and share it only when required, which is rare...In fact, in most cases, just knowing the Social Security number should be enough.”