Cleaning & Organizing
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What do you do with bills, statements, receipts, etc...
I'm cleaning out our office but not sure what to do with bills, statements, receipts, etc. We have a file that we keep our tax return information in and other important documents. How long do you keep your bill statements after they're paid if you keep them at all? Would it be safe just to shred them all? Is it a good idea to make the transition to complete online bill paying to reduce all this clutter? Should store receipts that have partial credit/debit card information be shredded? Any suggestions for purging a cluttered office?
Re: What do you do with bills, statements, receipts, etc...
Bill statements (Store credit cards, utilities etc)....Keep until the payment is credited.
Store receipts...keep until you know you are not returning it or using the associated warranty. Warranties require proof of payment.
Shred anything with your name, address, phone, partial credit card number.
Put your shredder at the location where you open the mail. Open mail, discard trash into shredder as you open it. I also compost the shreds as a brown item.
This exactly, I'm a CPA and I get zero bills in the mail, I pay anything and everything I can online and only keep receipts/prop tax statment, etc. I also scan anything in I can, and shred the original, makes tax time so much easier! Now if I could get my clients to do the same!