Aug. 26th, 2004
My financial diary......
Aug. 26th, 2004 10:34 pmThis past week, I consolidated and organized some of my financial records from the past couple of years: receipts, pay stubs, monthly bank and credit card statements, utility bills, etc. (My tax records are stored and filed separately.)
I found that the best boxes to store these records in are #10 envelope boxes with lids. The 9" wide archival-quality check boxes are too narrow by about a half an inch. I keep receipts in #10 envelopes, broken out by month, and by food/non-food. Statements mailed to me are in their original envelopes, but consolidated into 6-month or 3-month groupings.
( Until recently, my record-keeping was more elaborate. )
I realize I'm way behind on the data entry, so I may dispense with keeping track of cash expenses in Quicken, and focus on the credit cards, savings accounts, checking accounts, and my 401(k) accounts. Since I use my debit card often, and can download a .QIF file from my bank's website and import it into Quicken, I can let the machines do most of the work for me. I'd still have to add the payee for each check, though.
I found that the best boxes to store these records in are #10 envelope boxes with lids. The 9" wide archival-quality check boxes are too narrow by about a half an inch. I keep receipts in #10 envelopes, broken out by month, and by food/non-food. Statements mailed to me are in their original envelopes, but consolidated into 6-month or 3-month groupings.
( Until recently, my record-keeping was more elaborate. )
I realize I'm way behind on the data entry, so I may dispense with keeping track of cash expenses in Quicken, and focus on the credit cards, savings accounts, checking accounts, and my 401(k) accounts. Since I use my debit card often, and can download a .QIF file from my bank's website and import it into Quicken, I can let the machines do most of the work for me. I'd still have to add the payee for each check, though.