De-clutter Your Financial Files: Document Retention Guidelines
Yay, it’s Tax Time! That fun time of year when we sort through the piles of paper in the, “I’ll deal with this later” file. This time-consuming task has many people asking themselves, “How long do I need to keep that?” I recently published an article on document retention guidelines to my firm’s website and it is my most-requested piece, so it’s definitely worth sharing with my Career Girls too. Check out the article here.
For the uber-organized, you might also consider making as many of these documents electronic as possible. Personally, I set up a folder on my computer for each year, then inside that folder, have a file for each month. That’s where I save PDFs of all my bills, scanned receipts, important emails, etc. To do this the paperless way, I choose the ‘Print…’ option on my MacBook, then when the Print window opens, I select ‘Print to File’ and opt to save it as a PDF. Then I’m given the option to select where to save the PDF. Voila, saving trees AND saving clutter. A winning combination!