September 10, 2012
Are your files really safe? How do you know? Some of those papers that may be lying around in your house could be very important and should be stored more securely. Just think if your house had a fire or something else happened and POOF, your papers are gone. Before something bad happens, there are a few things you can do to save you money and time when dealing with file storage.
- Gather the important documents such as marriage licenses, birth certificates, records of military service, passports, citizenship papers, etc. and keep them at a safe deposit box at the bank.
- Keep photo copies of all these documents at home.
- You can toss utility, credit card, and other bills once they have been verified that they are correct.
- Hold onto your buy/sell trade confirmations, records documenting retirement plans and individual retirement accounts, tax records (for 6 years), and pay stubs (until you get your W-2).
- Keep track of your documents by keeping a list of all items and where they are stored and give a copy to a loved one who, in an emergency, can locate them.
It is frustrating, time consuming, and it can cost you money USUALLY when you lose your documents, but if you follow these tips, you should save all of that and your sanity.