Throwing away paperwork

Discussion in 'The Declutter Club' started by farmerswife, Sep 3, 2018.

  1. farmerswife

    farmerswife Active Member

    How long do you all keep your paid credit card bills? I know we need to to keep tax related paperwork for seven years not sure what the rule of thumb is for credit card bills.

  2. Miss JoDee

    Miss JoDee Well-Known Member

    Laurie Can you access Credit Card statements from online? Mine is a with our bank and I have access that way.
  3. farmerswife

    farmerswife Active Member

    Yes. I guess that answer that question.:)
  4. Lana

    Lana Well-Known Member

    I keep all my monthly bills I pay through out the year in seperate folders labeled with the months name and then when pulling stuff out for taxes I throw the paid bills away if they aren't used on taxes.
    farmerswife and Miss JoDee like this.
  5. luludou

    luludou Well-Known Member

    1 year unless it's Something with a warranty on it. Used to keep it like forever!
    farmerswife likes this.
  6. sweetpumkinpye

    sweetpumkinpye Well-Known Member

    I too keep any thing like that for 1 year. Gas, electricity and phone I keep for 1 year also and then shred. I feel if there is a problem they would have contacted us.
    farmerswife likes this.
  7. farmerswife

    farmerswife Active Member

    Thanks everyone. I usually keep everything for 7 years. But with so much being done on computers now, I have so few bills being sent to the home, it got me thinking how long should I be saving these for. I have recently like within the last week changed over from a month system which I used for 30 years to a subject system. I found that now that we are empty-nesters, and so much of our stuff is done on the Internet or by phone I just didn’t need 12 folders.
  8. luludou

    luludou Well-Known Member

    The bank officer went through my big file and I shredded half of it today
  9. Myron's Mom

    Myron's Mom Well-Known Member

    We have had a home business and keep everything for 7 years. A lot is on the computer / flash drives but printed out anyways to do spread sheets for the accountant.

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