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How Long Should You Keep Financial Documents

Family Balance Sheet

Bills - Utility bills can be tossed the following month when you receive your next statement and it shows that the bill was paid, unless you need the bill for tax deduction purposes, then refer to Taxes below. Keep the quarterly statements for your 401k or other IRA accounts until you receive the annual statement.

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Meet a Reader | Kim from Iowa

The Frugal Girl

I just wanted to get away and I moved my 401K money to the advisor they referred me to. I’d send some to my nieces to help with their college expenses and would donate half to our local food pantry. What’s an embarrassing money mistake you’ve made? One big one is when I left my toxic job.

Iowa 166