![]() ![]() To help to declutter your physical receipts, Shoeboxed’s Magic Envelope allows you to stuff all your receipts in their pre-paid envelope. Receipt management softwares can help you keep track of receipt finances. Keeping track of receipts is extremely important as it lets you see how much money you are spending, acts as your proof of purchase, and helps with your tax returns. After that, any old bank statements should be shredded as they could have some personal and financial information.Īny tax-related documentation should be kept for three years. Bank statementsįor the most part, you should have access to your bank statements, either a hard or a digital version, for one year. Shredding sensitive information with a shredder, Exhibit Indexes How do I declutter special documents like bank statements, etc.?Īfter looking at the four steps, there are a few special documents that you should consider. To properly dispose of your shredded paper, check with your local recycling facility to see if they accept shredded paper. Using a paper shredder is one of the ways to protect your identity and reduce the risk of becoming a victim. Shred personal or sensitive documents.Įxperts believe there is a new victim of identity theft every 22 seconds. So check your local recycling plant to see if they will accept shredded paper. ![]() One source says you can recycle shredded paper, while another says you can not. So check with your local government to see their recycling rules.Īdditionally, according to various online resources, there are different ways to dispose of shredded paper. This bin allows the paper to be as clean as possible for recycling.ĭepending on where you live, there might be additional rules to dispose of your papers such as bundling up the papers with string. Properly recycle papers you don’t want.įor easier paper disposal, have a designated paper recycling bin. ![]() So you can opt for a digital filing system for more convenience. However, physically filing papers away can be tedious work. Their physical filing method allows you to easily separate your papers into different categories such as home, car, school, tax documents, etc. One of the simplest methods to archive papers is to use a paper filing cabinet, which can hold many papers without taking up too much space.
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