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Money and Finances
Reply to "Going Paperless at Home"
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[quote=Anonymous]I wouldn't do this because of the possibility of a cyber attack, and there have been growing warnings about one. Unless you download to a hard drive that you can always access. I wouldn't solely rely on internet storage like dropbox, google drive, etc. You should have a copy of the most recent statement for each account, in the event banks can't recreate your balance. (It is likely that they eventually would be able to do so, but what if it takes a few months?) I was pretty paper free, but the warnings made me rethink this approach. If you have to flee (for any kind of incident) be sure you have something you can grab -- a hard drive + computer, or a binder. The only receipts I keep are for furniture or renovations. Any tax receipts can be filed with/tossed with the return.[/quote]
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