tag:blogger.com,1999:blog-37422580.post2367080083132380463..comments2023-04-04T03:43:44.728-06:00Comments on Canadian Dream: Free at 45: Over Insurance on Record KeepingTim Stobbshttp://www.blogger.com/profile/02029234099545136789noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-37422580.post-5781567505860593562007-06-19T04:02:00.000-06:002007-06-19T04:02:00.000-06:00Mr. Cheap,I really like that 12 folder idea. I wo...Mr. Cheap,<BR/><BR/>I really like that 12 folder idea. I would just modify it a bit and add #13 for tax stuff.<BR/><BR/>Everyone,<BR/><BR/>Thanks for all the ideas. I have always shred our old documents. As for the burning idea, that would provide a lot of starting material for my fireplace in the winter. I wonder if my Visa statements give off more heat than a newspaper flyer?<BR/><BR/>CDTim Stobbshttps://www.blogger.com/profile/02029234099545136789noreply@blogger.comtag:blogger.com,1999:blog-37422580.post-9988807484143024352007-06-18T20:51:00.000-06:002007-06-18T20:51:00.000-06:00lol WhiteEagle. Last year I had so much paperwork...lol WhiteEagle. Last year I had so much paperwork to shred that I ended up burning it all in a bucket in my backyard.<BR/><BR/>MikeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-37422580.post-39085971651552491942007-06-18T10:22:00.000-06:002007-06-18T10:22:00.000-06:00I have a credit card that provides an extended war...I have a credit card that provides an extended warranty on items purchased with the card. So I keep those relevant receipts for a year. Anything else, I keep 3 months worth just in case there's some kind of dispute over a payment and then head over to the local picnic park and burn the receipts in one of the pit BBQs.Wiser Miserhttps://www.blogger.com/profile/04232571512740681312noreply@blogger.comtag:blogger.com,1999:blog-37422580.post-4203180606780507992007-06-18T09:34:00.000-06:002007-06-18T09:34:00.000-06:00Excellent question...what receipts should we be ke...Excellent question...what receipts should we be keeping? <BR/><BR/>For our car I have a file and keep any receipts related to repair items with a warranty like brake repairs. <BR/><BR/>Why are we so reluctant to throw out MC receipts? We have no problem chucking cash receipts for the same type of expenditure. Is there any rationale to this?<BR/><BR/>I like the idea of electronic banking but I don't trust anyone that much.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37422580.post-79879128909940582912007-06-18T07:37:00.000-06:002007-06-18T07:37:00.000-06:00When my grandmother passed away, we found bank sta...When my grandmother passed away, we found bank statements from 30 years ago in her things. Clearly unnecessary. The flip side would be that I'd worry if I was throwing something out that I might need (shredding monthly statements every month seems a little dangerous to me, sure you probably won't need them, but what if you do?).<BR/><BR/>I'd be tempted to have 12 folders as a "cache". Put your statements in the current month's folder. At the end of the month, shred everything in the oldest folder, and re-use it for the current statements and whatnot.<BR/><BR/>That way you don't have to think about anything (just throw statements in the current folder), and you're not accumulating junk. Most importantly, you never have to review the folders (unless you find you need something, then you only have to dig through 1 months worth of statements).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37422580.post-32621035050122191932007-06-18T07:06:00.000-06:002007-06-18T07:06:00.000-06:00If you don't have one already, get a shredder. Se...If you don't have one already, get a shredder. Set aside a few hours, go through your files, and decide what should be kept and for how long. Everything else gets shredded. Unless you have a business or a LOT of accounts, you shouldn't need more than a simple 2-drawer filing cabinet for everything.<BR/><BR/>To make the paper trail easier to manage, spend the money and get a GOOD filing cabinet. The cheap $50 ones are almost useless.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37422580.post-49616548802357134192007-06-18T06:50:00.000-06:002007-06-18T06:50:00.000-06:00We bought a filing cabinet last year to help with ...We bought a filing cabinet last year to help with the filing (instead of boxes). One of the decisions I made was to keep one year of visa statements instead of thirteen. Yes, I had all my statements from 1994 onward...<BR/><BR/>My only suggestion to reduce paperwork is to go through the paperwork regularly to make sure it's still relevant and timely.Anonymousnoreply@blogger.com