How to backup actions in photoshop?

Well, actions are nowadays wildly used in image editing in photoshop. It makes work easier and faster. I say this pretty handy tool a "shortcut". But this shortcut is basically not a shortcut whereas a hardwork of one's and smartwork for another. Let us jump on to the point, how to backup of our useful actions in photoshop. There are two ways to save or backup actions as follows:
Method - 1: Saving Actions one by one :
1- Make a folder on desktop such as "backup"
2- Run Photoshop.
3- Go to Action Palette i.e. Windows → Action.
4- You will get an Action Palette (a small dialog box) in the right side of window.
5- Select the Action set you want to backup or save in backup folder, you created on desktop.
6- The Action set will get grayed out when you select Action set, this is a confirmation that you are selecting properly.
7- Click the small arrow (located in the upper right corner of the palette) to open the palette options i.e. context menu.
8- Click Save Actions.
9- Save dialog box will appear, locate the path to backup folder at deskop from Save in box.
10- Click Save.
11- The selected action set is saved in the folder as a .atn file. You can save only one set at a time.
12- Repeate steps 5 to 11 to save/copy or backup of more actions.

Method - 2: Saving Complete Action Palette:
1- Locate the file "Actions Palette.psp" found in the Photoshop preferences folder on your harddrive.
2- Path: C:\Documents and Settings\[User]\Application Data\Adobe\Photoshop\[Version]\Adobe Photoshop [x] Settings\).
E.g.
C:\Documents and Settings\Ravi\Application Data\Adobe\Photoshop\9\Adobe Photoshop 9 Settings\
3- Copy or backup this file. You can overwrite the same file on another computer. All your action scripts will be copied with it.
Please specify: A backup of "Actions Palette.psp" of another computer on which we are moving or copying our useful actions must be taken before copying.