According to financial services consulting firm Javelin Strategies and Research, identity theft affects 11 million people a year, at a cost of $54 billion.
If you don't want to become a statistic, a good place to start is to get a shredder.
Shredding documents isn't just for accounting firms and people with something to hide — every day working Americans have houses full of documents containing potentially compromising information, from Social Security numbers to bank account information.
To dispose of them, security experts recommend getting a good cross-cut shredder (which makes your documents into confetti, as opposed to the long strips that a determined thief could reconstruct)....
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