It is human nature to want to keep every piece of important paperwork for future use. As much as some might be important, some could be introduced to Mr. Shredder. The last thing you want is to ensure up with clutter and misplace even the most important document in the process. If you are a victim of clutter, you should worry less because there are ways you could make your wok easier. this article will give you some of the tips and tricks you could take advantage. Mentioned below is a list of document you should keep and the ones you ought to shred.
First, you want ensure that you keep a copy of anything that is state related or of federal matter. Such documents include certificates, licenses, title deeds plus much more. Failure to keep copies of such documents, you might end up going through a tough time to get them replaced. Most importantly, you will be able to easily locate them when the time to use them comes. You also want to consider string documents like insurance policies, pension plan and much more in safe and fire proof places to avoid unnecessary inconveniences.
There are a number of things you also want to keep the latest versions of. As long as you have a copy of them with you, you will not have to worry. For instance, you want to ensure that you keep all your tax records and receipts for up to seven years just in case the taxman pays you a visit, you decide to join the business world, intend to buy property or even want to take loan for personal use.
You are also required to keep your bank statements for about a year. Doing that is important because you will never know when your financial information might be needed. Failure to do so, you might be highly inconvenienced in the future.
The other important thing you want to do is to ensure that you keep every page of your medical records and healthcare bills for not less than twelve months after payment so that you are in good books with your insurance provider.
It is prudent that you also keep all the latest versions of your social security statements, annual insurance policy documents plus your retirement plan statements. In addition, it is also advised that you keep any document relating to property sale, renovation, improvement job or purchase for approximately six years after selling it. These could come in handy in the future.