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How To Keep Your Receipts Organized Year Round

It’s that time again- TAX SEASON -oh how I loath thee! Often, the most frustrating part of preparing for our taxes was searching for all those pesky receipts- creating more stress on me then needed to be. financesEvery April I would go on an egg hunt of my own tracking down every receipt over the past year. I got tired of spending countless hours digging up every receipt. I would find wadded up receipts in random places like my husband’s pants pockets, the center console of the truck, the nightstand, or on the shelf in the closet! I tried all sorts of tactics to keep our receipts in one location. I even went as far as bolting – yes bolting – a shoebox in my husband’s truck, when that didn’t work, I decided I needed to attack this in a different way.

After watching his routine for several weeks, I came up with a solution to gather his receipts after a long day. My husband would religiously stop at our command center everyday to drop his keys, change and have a look at the mail. It hit me! I needed to add a receipt organizer to our command center.
Voila!
And just like that I no longer needed to search for those pesky receipts, they were now easy to find in our organizer. So, what is in the organizer?

THE HANG UP ORGANIZER.
It has five pockets; one for each month of the quarter and mail. Each pocket has a clear vinyl envelope with the month noted on the top corner. The organizer is kept in the command center off our garage; everything from our family calendar to our keys are kept in this centrally located area.
When the quarter is over, the contents of the envelopes get moved to a secure top sheet protector with the month noted on the top corner. The sheet protectors are then placed in a heavy duty three-ringed binder behind the correlating month tab.

THE BINDER is a whole ‘notha beast. But that’s for another time.

Creating a quick and easy way of keeping track of your receipts can be a daunting task. The key is that you find a method that is easy to start and easy to maintain. Hopefully this method will help you throughout the year keep track of those pesky receipts.

financesWhat do you need:

  • Hang up organizer
  • Clear vinyl envelopes
  • Secure top sheet protectors
  • Heavy duty three-ringed binder
  • Divider tabs

 

 

 

 

Do you have a handy and practical way that you organize your receipts?  Share with us in the comments!

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