5 things that shouldn't be in your wallet

6:16 AM, Jul 12, 2012   |    comments
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Losing your wallet or having it stolen is not only a pain, but can be dangerous. You can help protect yourself by making sure you don't keep certain information in your wallet.

We found these 5 things you should leave at home from Yahoo! Finance. 

1. Your Social Security Card.  Your nine-digit Social Security number is all a savvy I-D thief needs to open new credit card accounts or loans in your name. Retirees, pull out your Medicare card, too, because it has your Social on it. Instead -- Photocopy your Medicare card and black out the last four digits of your social security number on the copy.

2. Password Cheat Sheet. Carrying your A-T-M card's PIN number and a collection of passwords on a scrap of paper in your wallet is a prescription for financial disaster. Instead, keep them in a locked box in your house.

3. Spare Keys. A lost wallet containing your home address, likely found on your driver's license, and a spare key is an invitation for burglars to do far more harm than just opening a credit card in your name. Instead, keep your spare keys with a trusted relative or friend.

4. Checks. With the routing and account numbers on your check, anybody could electronically transfer funds from your account. Instead, only carry paper checks when you will absolutely need them and leave the checkbook at home.

5. Multiple Credit Cards. The more cards you carry, the more you'll have to cancel if your wallet is lost or stolen. Also, maintain a list, someplace other than your wallet, with all the cancellation numbers for your credit cards.

You can find more great tips on this article on Yahoo Finance.