To Top

Organizing Financial Information

contest winner icon

I have a 3 ring binder for each of us (my husband and I) to organize our financial information and I also have a binder for joint financial information. In each of our binders I have a section for such as Social Security statements that come one time a year, a section for retirement information, section for life insurance, section for CD and savings and so on.


I use clear separator sheets that I insert contact information for each section. For instance my life insurance I have the name, address and telephone number of who to contact and how much the life insurance pay out should be.

My husband and I are not the only ones that know about these binders. I have shared our binders with each of our grown kids. That way if one of us passes away or we are not able to handle our own business and the other is not able to handle the financial side the thought is one of our kids can step in and assist. They have thought this is such a good idea that they have started their own binders.

By Notwrong

Add your voice! Click below to comment. ThriftyFun is powered by your wisdom!

August 13, 20090 found this helpful

Great idea. You can also do that on flash drives. Keep one for your financial records, (you can keep it in a bank box or somewhere seperate). In case of natural diaster (we live in a hurricane hotspot).


Keep drives on each family member, recent photo, medical history and their information in case it is ever needed.

The drive is about the size of your finger, but it holds so much information, does not cost much, a 1GB is usually under ten dollars, but it can help so much

Keep a flash drive in your car with information that would help the police, EMS, or firefighters if you are ever in an accident and cannot respond to questions. (Don't forget to label the drive in the car ICE--in case of emergency.)

Reply Was this helpful? Yes
August 13, 20090 found this helpful

Why did I never think of this. It makes so much more sense to me than the folders that I use and take out, forget to put back, and then can't find easily when I need the information again. Thank you.

Reply Was this helpful? Yes

August 14, 20090 found this helpful

Outstanding idea. My husband handles most of that and it is all over. I am very interested in taking over some of that and now I have a great idea. Better than file folders! Thanks.

Reply Was this helpful? Yes

Add your voice! Click below to comment. ThriftyFun is powered by your wisdom!

Related Content
In This Guide
Cabinet with Multi-colored Hanging Files
Organizing Important Papers
Budget & Finance AdviceAugust 13, 2009
Photo of a someone checking their oil.
Keeping Track of Your Car's Maintenance Requirements
Selecting a Broker or Financial Planner, Happy Couple Talking With Financial Consultant
Selecting a Broker or Financial Planner
A pile of birth certificates and marriage licenses.
Organizing Genealogy Information
Cabinet with Multi-colored Hanging Files
Organizing Paperwork For Taxes
Birthday Ideas!
Ask a Question
Share a Post
Desktop Page | View Mobile

Disclaimer | Privacy Policy | Contact Us

© 1997-2017 by Cumuli, Inc. All Rights Reserved.

Published by .

Generated 2017/09/09 15:24:13 in 573 msecs. ⛅️️
Loading Something Awesome!