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Keeping Records of Paid Bills

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Date: 02/18/2005 Topics: Organizing > Bills and Mail | Readers Request > Budget  
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What bills should you keep (that have been paid) for good record keeping? How long do you keep them?

Stephanie
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Post By Bernadette (Guest Post) (Guest Post) (03/02/2005)
I have a folder of "Final Statement" receipts showing the zero balance.


Post By (Guest Post) (02/20/2005)
Ideally 6 years to prevent contract claims arising during statutory limitation period as in all English
common-law countries.

Cicero


Post By jennydo (Guest Post) (02/20/2005)
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 Suzie (Guest Post) (02/20/2005)
Anything older than one year I shred & recycle.


Post By (Guest Post) (02/19/2005)
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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