Today's new digital world brings new technology and new ways of doing things when to compared to just a few years ago. Now I love technology but what would happen if one day everyone was hit with a virus and all our online data information was lost. Sure we have our cloud backup to save us from disaster. But if that failed, how can you prove that you own what you own and you have what you currently have. It might seem like a pilot for a new movie, but it's not.
Today we live in a society where it's alright to get paperless statements from the same guys that recently caused our economy melt down. Are you risking your entire life savings or existence on these guys, again?
My deep thinking is not to scare off people from the new technological age but to make them aware that it's not a bad idea to keep a hard copy of bank statements, mortgage payments, car payments, investment summary, etc. on hand. You never know when your going to need them or when they would one day be useful.
Identity theft is a may concern why many people go paperless. But in reality, your making it way to easy for someone to erase you from society should we ever have a technological melt down.
My advice to others is to make several backups of your financial information, have hard copies of bills and year to date balances. And don't ever take for granted on how far we have come in the technological era.
Today we live in a society where it's alright to get paperless statements from the same guys that recently caused our economy melt down. Are you risking your entire life savings or existence on these guys, again?
My deep thinking is not to scare off people from the new technological age but to make them aware that it's not a bad idea to keep a hard copy of bank statements, mortgage payments, car payments, investment summary, etc. on hand. You never know when your going to need them or when they would one day be useful.
Identity theft is a may concern why many people go paperless. But in reality, your making it way to easy for someone to erase you from society should we ever have a technological melt down.
My advice to others is to make several backups of your financial information, have hard copies of bills and year to date balances. And don't ever take for granted on how far we have come in the technological era.
