JOIN NOW LOG IN
iVillage GardenWeb iVillage GardenWeb THE INTERNET'S GARDEN & HOME COMMUNITY ADVERTISEMENT
Blogs Forums Photo Galleries Ask The Experts Tools & Directories        
Return to the Organizing the Home Forum | Post a Follow-Up

 o
Paper Over-Load!!!

Posted by netshound (My Page) on
Fri, Jun 22, 07 at 12:07

I'm trying to get my files in order and weed thru the chaos! How long do I have to keep bank statements, insurance paperwork, Retirement statements, etc... Does anyone know?


Follow-Up Postings:

 o
RE: Paper Over-Load!!!

statements: until you have decided they are accurate. Or until you have decided that you will never look at it again (with some of my retirement-savings accounts, I toss them almost immediately; I know I'm not going to act on the info in them by moving the money from one account to the other; I see that the account is doing well enough for the business c limate we're in, and I toss them).

Or for one year, if tossing right away makes you nervous.

Keep opening paperwork for all retirement accounts, insurance accounts, etc.


 o
RE: Paper Over-Load!!!

I've looked at Suze Orman's website before to get this info. I haven't actually tossed anything yet, because I'm still a chicken! But the info was helpful.

Something else I heard recently was that you should keep a copy of your insurance policies (home and car) until the statute of limitations runs out. I think that varies from state to state but maybe not. So if you could be sued for something for up to 3 years after the incident date, you should keep your policies for at least 3 years.

Here is a link that might be useful: Suze Orman financial clutter


 o
RE: Paper Over-Load!!!

I had paperwork for every possible account that I could never get rid of. This year, I finally tackled it! I now have all the statements from January 2007 to the present.

I kept everything pertaining to the IRS and ended up putting past years information organized in a box in the filing cabinet. Someone here wrote that suggestion and it works for me.

Since I move so often, I have had way more than most people of accounts that have been opened and closed. But when I culled everything, I kept the earliest statement for all closed accounts as well as the last one I could find. At least, I feel I've kept a record just in case. I'm sure I'll never need any of it but having them makes me feel safer.

I got lucky in that a local company was doing free shredding one Saturday and they shredded everything for me.


 o
RE: Paper Over-Load!!!

In addition to clearing the clutter in all the financial paperwork around the house I recently found a way to keep the documentation (e.g. user manuals, how-to guides, service records, tutorials, etc.) associated with all the products I own organized. I place each product I buy into my personal file. That way I know where all the stuff is when I need it next.

The link below is an example of my personal file for the iphone I was lucky enough to get.

Here is a link that might be useful: Keeping Things Organized


 o
RE: Paper Over-Load!!!

Spammer Overload more like it. Sandy


 
 

 

 


Click here to learn more about in-text links on this page.



iVillage GardenWeb: The Internet's Garden & Home Community  
  iVillage Home & Garden Network