Yesterday you worked on entering receipts. Continue working on that task today if you aren’t finished. But also work on today’s task: After you have entered a receipt in your notebook, app, spreadsheet, or financial program and ensured it cleared your statement, do one of two things with the receipt:
- File it if you might need to return an item on it, if the item is under warranty, if the receipt creates a taxable event, or if there is another genuine reason to keep the receipt, OR
- Shred it if none of the above apply.
If you handle this task once a month, entering and then filing or shredding receipts, you’ll never have to deal with boxes of receipts again.
Wouldn’t that be nice?
Time required: About 15 minutes for several months of receipts, but I have an industrial shredder.