do you keep a record of your payments?

filing papers - Are you this organized when it comes to your bills?
Philippines
January 17, 2008 5:05am CST
Everytime you pay your bills or you get your payslips, do you just put them away after paying or studying them? I have seen some who have a folder of their bills payments and their payslips. My co-worker keeps her bills payments and payslips in a folder and that's the first time I knew about it:) I am a little guilty of those too, I just tried if it would be okay for me. But being the lazy bee that I am, I didn't get to keep everything and I just put it away after. How about you, do you keep records of your payments? Do you file them in a folder, or specific folders? Do you ever do that? What do you think about people being so organized like this?
7 people like this
37 responses
@dpk262006 (58675)
• Delhi, India
17 Jan 08
No, after I confirm the payment has been received by the bill issuing authority, I destroy its records. I find there is no use of keeping it. It unnessarily pile up garbage, which will ultimately be destroyed by us. Good Post!
• Philippines
17 Jan 08
It's indeed important to confirm if the payment has been received by the company. Through experience in working in the bank, I have encountered quite a lot of people who didn't keep records or even bothered confirming their payment and just threw away their bill notices and later had problems.
1 person likes this
@dpk262006 (58675)
• Delhi, India
18 Jan 08
I agree with you.
@suehan1 (4344)
• Australia
17 Jan 08
no i throw the bills out.i pay most of bills over the internet.so it is stored in my computer and i have enough rubbish around the house now.i keep my payslips for a little while,but usually throw them out about every six months.cheers sue
2 people like this
• Philippines
17 Jan 08
That's nice, having a certain amount of time before putting away the bills. Thank you! :)
1 person likes this
• India
17 Jan 08
my hubby does it for me, for himself and also for the household bills. I am quite lazy in these manners. I just cant bring myself up to punch the bills and then file them neatly. But he is a great organizer. He keeps all the bills stacked neatly in individual files and has notes at the beginning of each file on the details of the connection. Like if it is the telephone bill, he has a synopsis of when the connection was taken, in whose name is it, under which telephone exchange does it come, what is the deposit money and so on.
2 people like this
• Philippines
17 Jan 08
wow your hubby is really organized :) I have tried doing that too, but the laziness in me just reigned LOL
1 person likes this
@suspenseful (40193)
• Canada
17 Jan 08
I have a financial program on my computer in which I put the money I get in my checking, offline savings and online savings account. I sometimes download my Paypal account information, since I cannot put any paypal money in my bank account until it is at least $20 and right now with the 50 cent deduction until I make $150 and that both Canadian and American dollars are at par, I do not include that as made money until it is downloaded. My credit card statement that is also online has categories so I know where everything is going.\ Need to say, I have an excellent free anti virus and firewall and my passwords are so complicated even I have difficulty writing them down.
@peanutjar (5198)
• Canada
17 Jan 08
Hi yes we bought a cabinet especially for keeping those slips in,some which have a gaurentee on items.You never know when we just might need something and especially when it scomes to doing our taxes.We go through it alot to see what can be thrown out and what to keep,that way it does not build up any junky reciepts thats expired or canot be used in anyway. Peanutjar:)
@pinay81 (1535)
• Philippines
17 Jan 08
all my payment slip now i put it in the folder and also the bills that paid already but after a months i throw it i just keep it for a while just in case i need it again for some clarification.
1 person likes this
@plumwish07 (4057)
• Indonesia
24 Apr 08
i did, and sometimes it helps me to compare the price of stuff and how much ependiture that i already spend out but i think i don't do as like your co-worker which really filling it and good arranging. i keep my payment records in my wallet and after some of times usually in one week, i will throw it away and the important bills will be scanned firstly
@musicman6 (2406)
• United States
17 Jan 08
Oh yes, I am a tax preparer, and a bookkeeper, and that is the essential part of our job! Personally at home, I keep everything organized, and I keep these records for the last five years! After that I start eliminating them! It is always a good idea to keep your receipts and any other important documents! Every year I put the years records in one box, and I start a new one for the upcoming year! If I ever need to refer to any document or receipt, I know exactly where it's at,because I put them in order according to the date!
1 person likes this
@marketing07 (6266)
• South Korea
17 Jan 08
hehe sometimes i forgot even the important ones...maybe im too old..or just dont even care...i dont which one i stand...
1 person likes this
• India
17 Jan 08
Yes, I do keep a record of all my bills payments and payslips. I feel that these are very important documents and need to kept safe in case if there is any discrepancy in the future. One can always feel safe and have proof at any given point of time. I keep them all sorted out accordingly in one big folder. I keep bills only of my credit cards, bank statements, telephone bills. I do not keep bills of other things. I may do away with them once I stop using the services of the products.
1 person likes this
@jesbellaine (4139)
• Philippines
22 Apr 08
Yes, I do because there are times that I still need those payslip or receipt just to check on things.
@Elixiress (3878)
20 Apr 08
I keep all my bank statements in a specific folder. Paychecks I just shred along with receipts. I keep all my bills too.
• United States
22 Apr 08
I wouldnt say that I am organized in the least, but I too have a folder that I throw my receipts in. I learned this the hard way :(
• United States
21 Apr 08
yes i keep a record of every bill that we pay and they each have their own folder. i have a spot for payments and my hubbys payslips and i put them up at the end of the month.
@lingli_78 (12822)
• Australia
30 Mar 08
oh yes... i do it... i keep all my bills, payslips and credit card receipts just for my records... i think it is important to keep them for sometimes in case something happens... i have different folders for them so that i know where to find the receipts when i need them... i am an organized person and i like doing things in an organized ways... my hubby also helps me a bit with that...
@venshida (4836)
• United States
30 Mar 08
I never use to, but did I learn the hard way. If you donot keep track, it can cause financial problems. I now keep track.
@subha12 (18441)
• India
27 Mar 08
Now i do not have to. now i stay with my parents. its not that i do not spend. but i do not keep a record. some few years back i was staying away for job. then i used to make a record.
@ruby222 (4847)
24 Mar 08
I have a case which i keep upsatairs..into it i pop everything that i need to keep...but lol..when i come to look for something in particular..it takes me agaes to find it ..as i have to go through the whole case!! I bought some folders and labelled them..utilty/pensions etc...it worked for a while..but then my plan went haywire!! I admire folks who can be so organised as to put their finger on everything. I just wish i could!!!
@saundyl (9783)
• Canada
30 Mar 08
i keep power, gas, phone, anything to do with my car, computer receipts, receipts for anything expensive, pay stubs, medical bills &pharmacy bills, vet bills all in a "pocket" Calendar that they give out at a farm supply store its a regular size calendar but each month has a big pocket on it to put your bills and other records. later on i file them separately as per phone power gas and pay stubs the rest stay in the pocket. I was taught to keep them like that and keep them for 7 years...once every 3 years i go through and dispose of any papers i dont need to keep anymore by burning them in a fire in the garden.
• India
20 Apr 08
Yes I keep a record of all the payments I make. it is good to keep a record of the payments we make. It will be useful for future reference. and we can also realise how much we spend at a time.