- receipts for major purchases
- pay stubs for the current year
- retirement documents
- tax documents for the past 7 years
- Investment documents
- Some important medical/dental/vision benefit statements
The rest is stored on our hard drive (and backed up). We ended up using the ABC method for organizing our paper documents.
A is for Action. Action documents are anything that we need to take action on. To pay, to mail, etc.
B is for Basic. These are our basic working documents that we will add to over time. Pay stubs, bills, receipts, etc.
C is for classic. Classic documents are those that we don't use on a monthly basis, but are very important. Birth certificates, wills, deeds, etc.
Action documents are generally stored on our desktop file for easy access. Basic and classic documents are stored in our file cabinet or on our computer.