Hands up if you often misplace financial mail (statements, bills, flyers that you are actually interested in) because you don’t have a place to put it. It may end up with the kids’ artwork or it may end up in some other stack but it doesn’t end up someplace where it will get dealt with in a timely manner.
I used to attempt to file items right away but that meant later remembering I had to deal with it, then pulling it out again and besides, it was just a hassle sometimes to file it on the spot.
Here’s what’s been working for me for the past couple years.
When finance mail comes in, I have a special bin (NO NOT THE GARBAGE! A CLASSY LEATHER SERIOUS-BUSINESS-LOOKING BIN!). It’s easily accessible (I’m fierce about that. And absolutely nothing else goes in it) but tucked out of sight in a closet. I just toss it the money related mail in the bin, perhaps opening it or perhaps not depending on what it is. Then during my money-management times I pull the bin out onto my desk and go through it properly.
So, your weekend warrior challenge to declutter your finances: If you don’t have a similarly easy, functioning way to handle your money related mail, try out my system for yourself.
If you have other ways of managing effectively, I’d love to here them!
Photo Credit: SnakemanRob