Paper shredders are wonderful things.  They allow us to destroy paperwork that we were otherwise tempted to keep forever, just to make sure no one ever got their hands on it.  Even so, here are a few things you shouldn’t shred, no matter how tempted you are.

• Tax documents less than 10 years old.  I think the rule of thumb is actually something like 5 or 7 years, but I like keeping things a little longer, just in case.  But once it hits that 10 year mark, sure, shred it — just make sure you use a really good shredder, such as a Fellowes shredder, to make sure the documents really are destroyed for good!
• Financial documents less than 10 years old.  Since the IRS can still go back for a number of years if they audit you, I would keep anything within the last decade.  Again, I think this is a longer timeframe than most experts advise, but I’d rather be safe than sorry!
• Credit cards.  Not unless your shredder is strong enough to cut through plastic, at any rate!  There are some home paper shredders out there that should be able to do this.
• Your ex’s financial files.  Just not a good idea.  If you really feel vindictive, put everything outside in a box on a rainy day for them to pick up.  Or on their doorstep…conveniently not covered by the porch.
• Anything you might change your mind about later on.  If you haven’t thought about it in years (and I mean years!), it’s probably safe to shred.

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