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How Long Should You Keep Financial Documents

Family Balance Sheet

However, you should print any canceled checks or year-end statements that you would need for tax purposes, ie - charitable contributions, home improvements, business expenses, mortgage payments, etc. Permanent home improvement bills should also be kept while you still own your home.

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How I Organize My Paper Files and Filing Cabinet

Family Balance Sheet

Major Category: Home improvements - I keep a sub-file for each major improvement project where I store the receipts, contracts, warranties, contractor information. Major Category: Taxes - I have a sub-file for each year. become a fan and 'like' FBS on Facebook. It has saved us time and our sanity.

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