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Keeping Records of Paid Bills

What bills should you keep (that have been paid) for good record keeping? How long do you keep them?

Stephanie

Feedback About This Post:

RE: Keeping Records of Paid Bills

I have a folder of "Final Statement" receipts showing the zero balance.

Post By Bernadette (Guest Post) (Guest Post)

RE: Keeping Records of Paid Bills

Ideally 6 years to prevent contract claims arising during statutory limitation period as in all English
common-law countries.

Cicero

Post By Enter your name. (Guest Post)

RE: Keeping Records of Paid Bills

Always, always keep receipts for items you buy. Our house was raided once and everything we didn't have a receipt for the police kept and the situation had nothing to do with us and my husband lost 40 years of tools he had bought over time, there was nothing we could about it.
jennydo

Post By jennydo (Guest Post)

RE: Keeping Records of Paid Bills

Anything older than one year I shred & recycle.

Post By Suzie (Guest Post)

RE: Keeping Records of Paid Bills

I keep almost nothing like that. I can always get copies from the utility co. if I need them (but don't see why I would) or copies of or original cancelled checks.

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