Home Organization Tips for Important Documents
Does your household struggle with organization? Is it especially tough when it comes to your important paperwork? Think about how much paper shuffles in and out of your house on a daily basis. Bills getting misplaced can cause hefty late fees. Does your W2 sit in a random drawer as you tear your house apart looking for it at tax time? And if you have kids, forgetting to sign report cards and permission slips will cause unnecessary headaches and stress.
Did you know that April is Records & Information Management Month? This is a great time to do some spring cleaning and organize your important documents and records. Plus, Tax Day was just a few weeks ago so you might have a big stack of papers just begging to be put back in order.
Your important paperwork doesn’t have to become an unmanageable mess. By learning a few organizational tricks, you can keep all your important documents accounted for and available on demand. Put an end to the mad paper shuffle by creating these three kinds of files.
Immediate Action File-
This file should be an “in box” kind of file somewhere out in the open like on your desk or on your kitchen counter. Put only things that require immediate action in it, like bills, correspondence, or important paperwork that needs to be filed elsewhere permanently. The immediate action file is a perfect way to teach kids a lesson in responsibility. They can put permission slips, report cards, and notes from school that require your signature in the immediate action file.
Important Records File-
This is where you keep your receipts for credit card, insurance, student loan, and mortgage payments. You can also put in bank deposit receipts, pay stubs, medical bill receipts, and health insurance payment receipts. These are vital for tax time and if one of your creditors tries to claim non payment due to clerical or computer errors.
This is where you keep vital documents that you’ll need for years. Birth certificates, homeowners’ records, insurance policies, legal documents (like leases and deeds), your will, military discharge papers, and even your passports. It’s also important to keep this information in a secured and preferably fire proof container. If disaster strikes, making sure these documents survive will save yourself a lot of headaches in the aftermath.
These are just a few tips to consider for organizing your important papers. See if they work for you around #YourHome!