# Digital Wallet Best Practices

1. If you intend to use your wallet for multiple purposes, it's recommended that you set up multiple wallets. Refer to [this article](https://academy.solflare.com/the-3-wallets-everyone-should-set-up/) that breaks down the 3 wallets everyone should have. 
2. When you generate a new Solflare wallet, you'll have a 24-word recovery phrase that you'll need to safeguard. **Don't** let anyone else see this phrase and ensure that you remain the only person who knows it.

#### As a start, you can do any of these three things to securely store your recovery phrase.

1. Get a piece of paper, **write down the phrase,** and store it in a safe and secure place. Make multiple copies if need be but make sure no one else finds them. 
2. **Copy & Paste** the whole mnemonic phrase and **keep it in an encrypted file or document.** *`Don't forget the password to that file.`*
3. **Download the backup** under the mnemonic phrase via the link and store this file somewhere offline or if online, use an **encrypted storage service** like NordLocker. You can also encrypt the downloaded file. *`Don't forget the password to that file.`*