I am currently clearing out our garage to put our house on the market, and I know I have several boxes/bags of old financial documents that I need to eliminate. They probably go back 10 to 15 years but a lot of our account numbers are still the same.
I bought a shredder the first time we moved with the intention of taking care of it then but it took way too long to shove through three or four sheets at a time. So I just moved it all but I’m not doing that again.
I did a little research and found several option. The UPS store and Office Max will let you bring in your documents. They put them in a locked box until they have enough to call the shredding company and then your documents are shredded. You won’t see them shredded and it could be anywhere from a week to a month later. The price varied from .50 to .99 cents a pound depending on the store and the amount you are shredding.
Now another company would bring a truck to you so you could physically see them shred your documents. For about $155 they would come to your house and shred about 5 file boxes or about 150 pounds of paper – so that works out to about $1 a pound but you’re seeing it shredded.
My mother is an accountant and is very protective of her financial documents. They recently moved offices and she had to witness her documents being shredded.
My girlfriend who just did a similar clean-out before her move to an apartment in Taipei said she just threw her stuff in the trash.
Michael suggested to burn it.
How are you getting rid of your financial documents? Are you shredding at home, dropping off, or just throwing away? Do you feel the need to see them destroyed?