In this digital world, almost anything that matters is stored virtually in the cloud. To that end, a physical safe deposit box might seem like a relic of the bricks-and-mortar (and high-strength steel) past. However, don't write off the value of keeping certain valuables securely tucked away in your bank's vault — that is, if your existing bank has a safe deposit box vault, as many are being eliminated.
Some examples of things you can and should keep in a safe deposit box include prized possessions such as collectible baseball cards or jewelry inherited from a relative. A safe deposit box can also offer critical protection for important documents.
