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Post by CourageouslyLion SeeksSerenity on Apr 2, 2010 7:31:14 GMT -5
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Post by moggyfan on Apr 2, 2010 10:01:22 GMT -5
Good article.
I feel totally vindicated about my years-long practice of tossing phone bills, cable bills, PG&E bills, etc. every month! (Truth to tell, I hardly get paper bills anymore anyway.)
Also, I'd be happy to pay my bank a one-time fee of +/- $5 to retrieve some old financial info if it means I do not have to keep piles of papers all over my house for years on end!
I rely more on electronic records for important accounts than this article recommends; maybe I'll have to rethink that. The article speaks of the potential for loss of electronic records through hacking, outdated technology, etc; it doesn't, however, address the potential loss of paper records from other causes (poor storage, loss from disorganization, fire, mildew, etc.), so maybe it's really six of one, half dozen of the other, eh?
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Post by dtesposito on Apr 2, 2010 11:38:08 GMT -5
Thanks for sharing this, Ive been wondering about the recommended times for bills and credit card statements. I'm a saver (of course!) but my sister has recently been ill and I've been helping her to pay bills every week. I was amazed that she throws away all of her monthly statements for bills, including credit cards, immediately after paying them. I've been keeping things for about 5 years! I'm going to try to work myself down to somewhere in between, say 2 years.
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Post by limegreen on Apr 2, 2010 19:42:15 GMT -5
For those in the UK, the Halifax charged me a one-off fee of £5 to supply me with copies of lost statements. I asked how many I could have, and they said as many as I wanted to ask for!
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