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On day 9, I asked you to study the rules of thumb for streamlining your financial documents. I only wanted you to analyze the chart so you could make smart decluttering decisions today.
Today’s Lifework: You will spend the rest of your day making five piles of documents:
- Documents that you are to keep for less than a year
- Documents that you are to keep for more than a year
- Documents that you are to keep for seven years
- Documents that you are to keep forever
I know you may be saying, “Kara, that’s only four categories.”
Yes, I know.
The last, and my favorite category (which, if you were like me and kept damn near every receipt since you starting working) is the “TRASH PILE.” Yum.
If you possess documents that are too old or are not considered essential to your financial life, then you need to chuck them immediately.
Use a garbage bag and in the next section, I’ll tell you how to properly dispose of these documents (that have all of your personal information on them). If you were thinking about the word “shred,” then you are absolutely right.
But for now, get to decluttering those files. (Don’t forget those random shoeboxes full of receipts, either!)
How are you feeling about decluttering your files?
Wooooweeee! You made it to Day 10. Share your pics, feelings, and “aha” moments in The Happy Finances Community.
That’s it for today’s lifework!
Also, leave a comment below with your “aha” moment or reach out to your accountability partner(s) for questions and insights.
Finally, hit me up and share your insights. I’m cheering you on.
Want to work through the Happy Finances Challenge in a workbook? Get your copy here.
The Mama Bear Principle: Mama Bears are protective of their cubs and their crew. And that’s exactly how I feel about our community. Throughout the Happy Finances Challenge, I may recommend some products and service and receive some form of compensation. However, I would NEVER suggest them unless I truly believed they were useful or helpful.