Discarding Important Papers

How long should you keep those important papers?
  • Tax returns and records -- six years
  • Real estate records -- as long as you own the property
  • Insurance policies -- as long as they are in effect
  • Bank and investment statements -- until tax time
  • Pay stubs -- until tax time
  • Utility bills -- until the next statement comes
  • Credit card bills -- until the next statement ~ Sandra Felton, from Organizing Magic, (Revell 2006)
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