When it comes to banking, nowadays you can virtually do everything online. In fact, some online-only banks have begun to emerge in the market as strong contenders compared to traditional brick and mortar establishments. While it’s great to have the ease and freedom to bank wherever, whenever, it is important to keep hard copies of certain bank statements on file.
Having these records on file can be useful in an emergency, if your bank’s website is down, or in the unfortunate event of hackers stealing your identity. It’s necessary to have hard copies so that you can keep track of your financial situation in case of a dispute. Having said that, you don’t need to keep everything. In this article we’re going to take a look at bank statements and what you can toss, versus what you should hold on to.