8 Methods for Making Critical Financial Decisions as a Couple Without Fighting

Gather All Documents

Gather your paperwork from filing cabinets, drawers, and miscellaneous piles.

Create Categories

Separate bank statements, bills, insurance documents, tax records, and receipts.

Designate a Workspace

Choose a workspace with enough space for documents. Work on this project at a table or desk.

Shred Unnecessary Documents

Take out expired warranties, bills, and duplicates. Securely shred or dispose of them.

Digitalize If Possible

Scanning and digitizing documents creates electronic files. This lowers physical clutter and makes document retrieval easier.

Review Financial Documents

Keep necessary financial documents such tax returns, investment statements, and bank statements for seven years. Rip the rest.

Organize Important Documents

Keep passports, birth certificates, and insurance policies safe and accessible.

Set Up a Filing System

Classify the remaining documents in labeled folders or binders. Medical, utility, and personal documents might be kept in distinct folders.

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