Are you a receipt hoarder? If so, Real Simple has a quick guide to how long you should keep various types of financial records, organized by how long you should keep them. For example:
Toss Every Month:
• ATM And bank-deposit slips, after you’ve recorded the amounts in your check register and checked them against your monthly bank statement.
• Credit-card receipts, after you’ve checked to make sure the item appears correctly on your monthly statement.
• Sales receipts for minor purchases, after you’ve satisfactorily used the item and if it has no warranty.
You mean we don’t need this Ruby Tuesday’s receipt from 1997? —MEGHANN MARCO
Deciding Which Financial Records to Keep [Real Simple]