The bank safe deposit box is only open during business hours., which means you won’t be able to get into it on holidays and in some cases, on weekends. Store items you know you won’t need in an emergency. Passports, medical directives, the only copy of wills and powers of attorney, and other documents that you may suddenly need, such as a fireproof home safe that’s bolted to the floor or to the wall.
Digital storage is being used, if you are comfortable with it. Some banks offer free save deposits with certain types of accounts or a certain bank. Start with your local bank or credit union or ask about other options available to you.
Rev. Dr. Donna Taylor is the Pastor of Andrew Chapel United Methodist Church (UMC) in Montross, VA. Rev. Dr. Taylor promotes best practices by teaching financial literacy workshops and currently serves as Finance Chair in the Rappahannock River District for the UMC. In May 2015, Rev. Dr. Taylor received her Doctor of Ministry from Virginia University of Lynchburg in Lynchburg, Virginia. Rev. Dr. Taylor was born and raised in New York City and recently discovered her ancestral roots in Guinea-Bissau, West Africa. Rev. Dr. Donna Taylor is married to David Taylor and they have a son and a daughter. Their daughter is a educator and son is an Active-Duty Senior Seaman in the Navy married with three children. In her leisure time, she enjoys traveling, reading, swimming, writing poetry, crocheting and spending time with her family.