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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