At home, you will more than likely have a place where you keep your important paperwork. For some, it is a hidden compartment somewhere around your home while others will keep them in a filing cabinet, desk, or maybe a box or a safe. Your home is not as secure as you would like it to be. People do come in and out of it at different times. If you have kids, they will have friends over from time to time. You may have relatives in from out of town, a maid service, pest control, repair man and others that will be in your home. Keeping important items that identify you and or your loved ones at home is not a good idea. Let’s say no one steals your important paperwork but instead, you lose it while you are moving or there is a fire that consumes your paperwork. You could be in a bad relationship and your Ex burns your stuff while you are away. Maybe you are going through a nasty divorce. You will have to go through the process of getting it back. How can you prove you are really you? You will have a very hard time getting a replacement of your birth certificate, passport, social security card, US citizenship and or green card.
My ex burnt my important documents. It took me a while before I could my social security card, birth certificate, citizenship and passport back.
What you should do
Get a small safety deposit box at a bank. A small box will provide enough space for your identity documentation. Consider keeping birth certificate, passport, social security card, US citizenship and or green card of each member of your household in the safety deposit box. You could take it to the next level and have two of them at two different locations splitting your documentation in the event one of the bank location was destroyed but that is extreme. Sure you will have half of your identity documents but the probability of finding yourself in that situation is nearly impossible. The probability of the bank getting broken into or burning down is less likely than your home. That is not to say your home has a very high probability but it’s important to keep in mind how banks and homes are built. They serve two completely different purposes. With your small monthly fee, your safety deposit box comes with, 24-hour video surveillance, security guards, a massive vault and identity verification before access is granting into the room. The part I like best is peace of mind. I know where my documents are at all times.