This week series of the paper organization is Organizing Bills and Receipts. Let’s dive in!
Have you ever wondered how to take control of your bills and receipts and get organized? Whether you are using electronic in most of your transactions, if not all or you are like me who prefer to have paper receipts, you don’t want to miss this post. It’s packed with tips for organizing bills and receipts plus a list of best inexpensive organizers as a bonus.
Let’s talk about organizing bills first. I firmly believe that to avoid late fees on any bills; it’s a must to get them organized. Paying late fees is like throwing money so as paying the overdraft fees! I don’t know about you, but I don’t like throwing money at all. In this post, I talked about organizing bills from the time the mail landed on my desk. These days, we are only getting one bill (from an old-fashioned company) in the mail since I’ve already set up the rest electronically.
To pay all bills on time, and carefully track our finances, I write each statement due date on a dry erase calendar in my office which my husband can also see in addition to what I’ve already noted in my planner. It works perfectly for us and keeps me from second-guessing if the account has been paid or not when I’m not online.
HOW DO I HANDLE OUR BILLS BY PAYMENT CATEGORY
The accounts listed here are our actual bills and how we take care of the payments. First, I write the accounts by category based on how we settle them. Next, I make sure to add the due date. Then, the amount. I highly recommend using a budget sheet that works for your family regardless of what stage in life you are at now.
-Pet Wellness Plan
-Tithes and Offerings
Variable/ Seasonal Accounts:
I’m using the monthly overview of my planner to write each account due date along with other appointments and events for quick reference. Then, I write the details of each on the daily slot of the planner where I also crossed off the items on the list or add a note “paid.”
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Organizing bills is more manageable with the use of the electronic feature. Of course, it still needs your time and attention to ensure accuracy. On the other note, organizing receipts is where I caught myself loving the old-fashioned way. I prefer to have them in a paper for reference.
So that you know, I don’t go fancy when organizing receipts. I use mail envelopes and label each with the following: groceries, gas, dine-out, and miscellaneous. I put them in a designated box and re-visit on Sundays to get the total of each category. Then, I transfer the numbers to our expenses tracking sheet. And I also checked if there are any unusual purchases that I need to be concerned about, and this is when I decide where to cut back on our expenses. Our home has fully embraced the minimalist style. So, if we don’t need it then, there’s no need to buy it. If we are not using the items in the past six months, chances are we won’t be using them anytime soon. Let it go. ..
MY TOP 3 BEST INEXPENSIVE ORGANIZERS FOR BILLS AND RECEIPTS
In all of my paper organization projects, I make sure to balance the pretty printables and how it caters to my need for information. If you’ve been following along, you’ve already known that I go with simplicity without losing my style, of course! If you’re new here, welcome and thank you for stopping by! I hope that you’re considering, if not looking for simple and minimalist style projects because in that case, I’d say you’re in the right place.
How do you organize bills and receipts and what are your favorite organizers?
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