Tuesday, November 2, 2010

Getting Financially Organized: Find a filing system that works for you

A stuffed box of receipts isn’t an effective organizational system.  When you need certain information, chances are you'll need to find it fast -- whether it's a receipt for a broken item or an insurance policy.

If you don't already have one, it's time to find a filing system that works for you to house all those essential pieces of paper like:

- Bank statements
- Bills
- Investment statements and retirement accounts
- Insurance policies and benefits packages
- Receipts
- Warranties
- Tax returns
- Pay stubs
- Property titles
- Proof of maintenance (for your car or home)
- Contracts or agreements

Your filing system could be in a filing cabinet or any one of the many specialty products on the market.  You may even want to try a binder system to document the progress of one specific area -- like keeping photographs and receipts of any home upgrades. Remember, it doesn't have to be complicated -- clear labels and categories are the key.

No comments:

Post a Comment