Financial Clutter

Receipts, receipts, receipts!

The last time I wrote about receipts was last year in “Making Sense of Receipts.”  In that post, I talked about how to track and analyze your spending, as this was what my clients were saying was the reason why they were accumulating receipts. Since then, I have continued to encounter stacks and stacks of receipts at my clients’ homes, some of them years old.  These clients haven’t claimed they were saving them for tracking.  They were saving them because they…

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Mary Poppins’s Closet

Yesterday I engaged my entire family in cleaning out our entryway closet. We are lucky enough to have walk-in closets —  designed by California Closets before we bought the apartment  —  so it is actually possible to see everything that’s in there.  Therefore, I knew we had a few items that we could get rid of. Frankly, I am amazed at how much stuff we are giving away!

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Making Sense of Receipts

What do you do with your receipts after you bring them home?    Several of my clients save them — piles and piles of them — so that they can analyze their spending patterns and better understand where their money goes. That’s a worthwhile endeavor.  Unfortunately, saving them in piles does not shed any light on your spending patterns.  It just creates clutter and causes you stress.  It also makes it difficult to find an important receipt when you need it.

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