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#1 Jul 20 2008 at 5:40 PM Rating: Excellent
Nexa
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I may or may not have mentioned that I'm a *touch* OCD...much better than I used to be and very aware of it.

Now, I have a small filing problem and I'm asking for assistance. I keep *everything*. I'm not a horder, mind, but anything that seems like it should be filed is filed...forever. I have every check stub from every job I've ever had. I have every bank statement since I got my first bank account. I have every telephone bill, every tax form, every insurance statement.

My question is, how long do you keep things for? No, not you, I mean, how long *should* one keep such things? Tax forms are seven years? Ten? What about bank statements? Are check stubs necessary once you've done your taxes? Why on earth am I keeping phone bills? Is there a purpose to keeping every monthly statement from the honda finance corporation now that my car is paid for and I have the title? I would like to shred some things...give me permission.

Nexa
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#2 Jul 20 2008 at 5:46 PM Rating: Good
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Nexa wrote:
Tax forms are seven years? Ten?

Only if you're a business. Or if you filed incorrectly at some point.
If everything is normal, 3 years.

Quote:
What about bank statements?

Go to your bank's website, login, and change to electronic bank statements.

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Are check stubs necessary once you've done your taxes?

I'd say 1 calendar year's worth. When you do your 2008 taxes in Jan 09, throw away all 2007 stubs.

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Why on earth am I keeping phone bills?

Again, go with the e-bill.

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Is there a purpose to keeping every monthly statement from the honda finance corporation now that my car is paid for and I have the title?

No.

#3 Jul 20 2008 at 5:47 PM Rating: Excellent
Nexa
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I have electronic statements too. I guess I should ask them to stop sending paper ones since I can't help myself.

I love my files.

Nexa
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“It has always been the prerogative of children and half-wits to point out that the emperor has no clothes. But a half-wit remains a half-wit, and the emperor remains an emperor.”
― Neil Gaiman, The Sandman, Vol. 9: The Kindly Ones
#4 Jul 20 2008 at 5:53 PM Rating: Excellent
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Your custom title should be "Mrs. Basil E. Frankweiler"

#5 Jul 20 2008 at 6:00 PM Rating: Excellent
Nexa
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trickybeck wrote:

Your custom title should be "Mrs. Basil E. Frankweiler"



Yes, the boring version.

Nexa
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“It has always been the prerogative of children and half-wits to point out that the emperor has no clothes. But a half-wit remains a half-wit, and the emperor remains an emperor.”
― Neil Gaiman, The Sandman, Vol. 9: The Kindly Ones
#6 Jul 20 2008 at 6:01 PM Rating: Excellent
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Everyone in my family, particularily on my mom's side has a tendancy to hoarde documents amongst other things. Collectables, antiques, etc. I have the tendancy too, and I really have to fight it. I've found the best thing for me is to keep all tax documents that I use, and anything important like large bills, rental ageements, etc, and just shread everythign else that I don't need.

I do scan the more important ones as well, and every once in a while I update the disk in the safe deposit box. But the way I look at it, is if the worst case of losing the document and being called upon to show it would redult in somethign under a few hundred bucks as concequinces, it's not worth keeping.
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#7 Jul 20 2008 at 9:08 PM Rating: Decent
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Throw anything away older than three years....or just throw it all away. If you need some statement or document, you can call up the utility or whatever and get a copy.

Transactions have been electronic long enough now that most anything you may need is filed somewhere.

...and really whats the worst that can happen if you can't produce your check stub from a pay period ten years ago?

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#8 Jul 21 2008 at 2:28 AM Rating: Good
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I have boxes of statements and bills from back when I last move 8 years ago. Been too lazy to take time to make sure there isn't any of my missing important documents among them before I throw them out. Sure I can get copies from the state, if needed, but I dislike the hassle of dealing with someone upset over having to do more work, because I misplace something.

Still trying to find my Birth Certificate that has habit of only popping up when I'm not looking for it. I sure I had it properly file away with my lease and health records last time I needed it, but darn house elves keep changing the file system on me.
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#9 Jul 21 2008 at 2:32 AM Rating: Excellent
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I should just buy a bigger house and call it a "collection". The check stubs, for example, are sorted by job and date. Each year has it's own internal file and they're all in order, stapled together to indicate that the year is there in it's entirety. I'm missing one from 2001, and it plagues me...PLAGUES ME!

Ok, it only irritates me a tiny...but I guess that's a good reason to only keep a year (or two or three...gimme four, k, just four?) because that smudge on my beautifully perfect records will be gone.

Any reason to keep every delivery slip from the oil company? Tell me honestly people, is my oil company out to ***** me? Headlines would suggest they are.

Nexa
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“It has always been the prerogative of children and half-wits to point out that the emperor has no clothes. But a half-wit remains a half-wit, and the emperor remains an emperor.”
― Neil Gaiman, The Sandman, Vol. 9: The Kindly Ones
#10 Jul 21 2008 at 3:27 AM Rating: Decent
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Scan it and just keep images of anything that doesn't require an original.

Silly goose.

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#11 Jul 21 2008 at 3:30 AM Rating: Good
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http://www.comedycentral.com/videos/index.jhtml?videoId=41939&title=mitch-hedberg-donut-receipts

See what happens, keep it up and you'll be dead before 40.

#12 Jul 21 2008 at 4:20 AM Rating: Excellent
Nexa
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Smasharoo wrote:
Scan it and just keep images of anything that doesn't require an original.

Silly goose.



1. That would require like, a lot of time.
2. L33T Hackers could steal my check stubs, n00b.

Nexa
____________________________
“It has always been the prerogative of children and half-wits to point out that the emperor has no clothes. But a half-wit remains a half-wit, and the emperor remains an emperor.”
― Neil Gaiman, The Sandman, Vol. 9: The Kindly Ones
#13 Jul 21 2008 at 6:27 AM Rating: Excellent
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I keep tax records and everything I might need to verify them together for seven years. (So, not pay stubs but my W-2s and the bank's tax statement, for example.)

Seven years may be paranoid but whatever.

Financial stuff like my brokerage firm, I usually keep that for a year and then shred it. I don't have a logical reason for keeping it at all, really.

Bills get paid then shredded or (for the most part) paid online.
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#14 Jul 21 2008 at 6:32 AM Rating: Decent
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1. That would require like, a lot of time.


You had a child for the free labor, didn't you?


2. L33T Hackers could steal my check stubs, n00b.


From DVD's in a box in your closet?

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Disclaimer:

To make a long story short, I don't take any responsibility for anything I post here. It's not news, it's not truth, it's not serious. It's parody. It's satire. It's bitter. It's angsty. Your mother's a *****. You like to jack off dogs. That's right, you heard me. You like to grab that dog by the bone and rub it like a ski pole. Your dad? Gay. Your priest? Straight. **** off and let me post. It's not true, it's all in good fun. Now go away.

#15 Jul 21 2008 at 7:24 AM Rating: Good
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I don't have my check stub from last month. I've thrown them away monthly and NEVER had a need for them. That's some wicked bad feng shui.
#16 Jul 21 2008 at 7:35 AM Rating: Good
I want to say that, here at work, we are required to keep tax returns and what not for five years. Then they can be shredded.
#18 Jul 21 2008 at 7:54 AM Rating: Excellent
I have a rusty barrel that I burn all sorts of stuff in, and I don't ever regret burning anything.

I recommend everyone pick up a big rusty barrel.
#20 Jul 21 2008 at 10:36 AM Rating: Good
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Good rule of thumb for retaining docs.

And always shred the docs you're getting rid of. You don't want a dumpster diver going through your things.

And remember to recycle as much of the stuff as you can!
#21 Jul 21 2008 at 3:14 PM Rating: Excellent
Nexa
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Duplicate checks? I have duplicates of every one I've ever written...you know, the little books of them...is there any reason to keep them once they've cleared?

Nexa

Edited, Jul 21st 2008 7:13pm by Nexa
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“It has always been the prerogative of children and half-wits to point out that the emperor has no clothes. But a half-wit remains a half-wit, and the emperor remains an emperor.”
― Neil Gaiman, The Sandman, Vol. 9: The Kindly Ones
#22 Jul 21 2008 at 6:00 PM Rating: Good
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I have a couple of boxes up on top of my closet that are filled with the class notes I took in high school. They are not orderly or labeled or anything like that, but they are mine and I have kept them despite many attempts by people like my ex trying to get me to throw them out. A couple of years ago I looked through them and while most of it is meaning less to me now, especially given my handwriting, there were a few select pages and things written on the inside of a notebook covers that unlocked some memories I had not visited in many years. What other people see as junk might be worthless to them, but they are the keys to precious memories that would otherwise be lost. This might not be so true with check stubs or bank statements, but who knows. Perhaps twenty years from now the canceled check for some dance class for your child might unlock a memory that otherwise might be long forgotten. If you have the room, then keep as much stuff from your past as you can. You never know which thing will be your "rosebud."
#23 Jul 21 2008 at 6:57 PM Rating: Good
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As a rule of thumb, anything older than 5 years is worthy of the shredder; certainly bank statements, credit card statements, and bills. Some items like tax forms you might want to keep indefinitely, but beyond 7 years they serve no purpose other than good arsonist material.

Shred or burn nearly everything. To take the time to collate each document to see if there is pertinate or sensitive information is crazy, so shred/burn the stuff wholesale.

On the other hand, keeping your first paystub or bank statement might be worthy of classification as memorabilia, so decide what's valuable (I still have my learners permit from when I began driving in Japan) and place that in a special file.

My $0.02.

Totem
#24 Jul 21 2008 at 6:58 PM Rating: Good
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Oh. And resist the temptation to lick all doorknobs while you're at it.

Totem
#25 Jul 21 2008 at 11:24 PM Rating: Good
What is with you guys saving tax sh*t for seven years?

I mean, if you've filed it, they have it. It's not like they're going to lose it.

I basically trash mine as soon as I double-check their math.

Edited, Jul 22nd 2008 12:23am by Barkingturtle
#26 Jul 22 2008 at 4:13 AM Rating: Excellent
Nexa
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fhrugby the Wise wrote:
I have a couple of boxes up on top of my closet that are filled with the class notes I took in high school. They are not orderly or labeled or anything like that, but they are mine and I have kept them despite many attempts by people like my ex trying to get me to throw them out. A couple of years ago I looked through them and while most of it is meaning less to me now, especially given my handwriting, there were a few select pages and things written on the inside of a notebook covers that unlocked some memories I had not visited in many years. What other people see as junk might be worthless to them, but they are the keys to precious memories that would otherwise be lost. This might not be so true with check stubs or bank statements, but who knows. Perhaps twenty years from now the canceled check for some dance class for your child might unlock a memory that otherwise might be long forgotten. If you have the room, then keep as much stuff from your past as you can. You never know which thing will be your "rosebud."


You're not helping asshat!!!

Also: I have every notebook from 6+ years of college.

Nexa
____________________________
“It has always been the prerogative of children and half-wits to point out that the emperor has no clothes. But a half-wit remains a half-wit, and the emperor remains an emperor.”
― Neil Gaiman, The Sandman, Vol. 9: The Kindly Ones
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