Tuesday, November 9, 2010

Receipts: How to Keep Organized

We keep receipts for returning merchandise, rebates, tax deductions, etc. How can we keep them all organized?

I have a small drawer with an envelope in it marked "Tax Deduction Receipts." Each time I buy something, donate money, or donate clutter to Goodwill, I write on the receipt and immediately stick it in there. It's there, ready to hand over to my tax man (husband) at tax time.

With rebates, I try to fill them out immediately and get them sent.

Around Christmas time, I hang onto receipts in an envelope again, just in case something needs to be returned. I have also filed receipts with instruction manuals in the filing cabinet.

Also, don't be afraid to throw them out. IF for some reason you need to return something, many stores will still take it. Or, you can just bite the bullet and donate the less than perfect item to get it out of your house. Yes, a loss, but also a gain in not agonizing over unruly receipts.

What I'm saying is that receipts needn't take over your life or desk. Put a couple simple organizational tips into place and it shouldn't be a problem. If any of you readers have a suggestion, I would value your input on what you do with receipts.

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