Perspectives

Organizing Your Finances Video

I have to be honest. I am not the most organized person, but I am learning there are tools and resources out there that can help me improve in this area.

Probably the biggest issue I have in terms of organization is that I have a tendency to hold onto things longer than I should. This especially applies to ATM slips and receipts. I really don’t know why I keep them in my wallet instead of throwing them away. I check my available balances using mobile and online banking, so why do I usually keep the receipts and discard them at a later date?

After doing some research, I learned that some items can be discarded immediately while others should be kept in a filing system for a longer period of time.

Watch the video to learn along with Jen what items you should keep or toss.

We recently refinanced our home and had to provide recent bank statements, last year’s W-2’s and pay check stubs. Thankfully, we had these documents on hand to submit with our paperwork. Based on the video, it’s good to know that these are items we should keep around a little longer.

How do you keep your important financial documents organized and safe?