2007-08-22 12:51:07 · 4 answers · asked by Kevin 6 in Business & Finance ➔ Personal Finance
Do you do everything on the Internet now ?
2007-08-22 12:51:38 · update #1
Which way do you think is better?
2007-08-22 12:53:12 · update #2
Electronic is much better. Less clutter, easier to organize, search, archive, etc., no chance for statements to get lost in the mail. You just need to make sure that your info is properly protected and backed up. TrueCrypt http://www.truecrypt.org/ is what I use to store all my financial records (it just creates an encrypted volume where you can store any types of files).
BTW, I lost many of my paper records when my basement flooded a few years ago. This can't happen with electronic storage with off-site backup. I even scan many of the important papers I can't get electronically to begin with.
Also, part of protecting your info is making sure your computer is clean of malware. All encryption in the world won't protect you against a backdoor and a keylogger.
2007-08-22 15:18:47 · answer #1 · answered by olegos 3 · 1⤊ 0⤋
Currently I am still receiving paper statements....
2007-08-22 22:05:06 · answer #2 · answered by Anonymous · 1⤊ 0⤋
i guess i am too old to become a nerd -- know my banker by his first name and all of his kids -- i could pick up the phone and arrange a loan if needed with out going to the bank and appling -- but most of my bills i have taken out of my checking account!!!
2007-08-22 20:09:11 · answer #3 · answered by mister ed 7 · 1⤊ 0⤋
Snail mail for me. I don't want all my personal info in a computer.
2007-08-22 20:06:05 · answer #4 · answered by Anonymous · 1⤊ 1⤋