When organizing your documents, we recommend a three-pronged approach:
1. Hard Copies — It’s always a good idea to have a hard copy of your documents on hand, filed safely away. A fireproof document safe, a lock box, or a cabinet are all good choices.
2. Computer/Hard Drive — You may be thinking, why not just store these files on my computer? While it is a good option, it shouldn't be your only option. Hard drives can fail and computers can crash — and just like that, all your data is gone. We do recommend saving files on your computer — just don't make this your only source.
3. Online Cloud Storage — Online cloud storage is the third option we recommend. It gives you the ability to access your data anywhere and share documents with trusted family and advisors. When using cloud storage, it is important to have a strong password to help protect your data. Click here for a list of the top rated cloud storage services.