What’s in your wallet?

For us ladies, we consider it kind of fun to shop for a new wallet…

By KELLY SCHMIDT
ND State Treasurer

For us ladies, we consider it kind of fun to shop for a new wallet…one that can hold the right amount of credit cards, your ID, perhaps a checkbook, loose change, stamps and heck, even a lipstick and a favorite picture of your kids or grandkids!  You know where I am going with this article. Many of us know that dreadful feeling of losing your wallet and the beating of your heart and then the panic that sets in. “Now what do I do?”

First of all, take a deep breath…keep calm and carry on as they say, because you are prepared. Yes it requires the work of calling the bank and your credit card company or companies, and not feeling sick to your stomach if too much cash was on hand in that wallet.

If you haven’t already done so, make a master list of what’s in your wallet. It’s easy. You can take photos of your credit cards, driver’s license, medical cards, as well as your bank debit card as these cards have an 800 number to call immediately in case of a lost or stolen card.  Remember to take picture of the cards both front and back. If taking pictures isn’t your thing, take a photo copy of all the items in your wallet. Just lay them out on the printer, and either scan or make a copy, again front and back. File it in a safe place or give a copy to a very trusted person such as a spouse or adult child who can help you retain these records for an emergency.

We all have had to experience an emergency on occasion and the stress is far less if we are prepared. Having all this data compiled to one central location will eliminate the time it takes to find the phone numbers you need, when you need access to this information in a hurry.

If you don’t have a printer with a photo copy option, I know for a fact your local bank or library is more than willing to help you. As always, all of us at the North Dakota Office of State Treasurer want you to be safe and prepared in all your financial matters. (While we are discussing what’s in your wallet, remember it is wise not to keep your Social Security card and this newly created master list in your purse or wallet. Tuck them in a safe place. )

To learn more visit our website at www.nd.gov/treasurer to find financial literacy resources and detailed fiscal information regarding our State.  Be sure and like us on Facebook or follow us on Twitter for current information relating to your dollars and our office.