Greetings! If you’re new here, I encourage you to learn what this site is about. I hope you will also consider subscribing to the RSS feed or signing up to receive new articles about personal finance conveniently via email updates. Thanks for visiting!Many a fool has pondered what to do with financial documents that need [...]

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I wrote earlier about why it is foolish to throw away all receipts for purchases without taking the time to consider whether you will need them for other purposes (tax deduction, proof of purchase, etc.). Another, more broader question is how long to keep financial records and statements around from bank records to credit card [...]

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Receipts come in all shapes and sizes. From small convenience store purchases of candy or pop to big ticket items like a flat-screen television or a snowmobile. However, after completing the purchase to your satisfaction the natural reaction is to chuck the receipts into the trash - after all, why keep reminders of how much [...]

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Fools aren’t known for their wallet management skills. To them a wallet is a place to store their six credit cards, last week’s paycheck (still to be deposited), lotto tickets they can’t remember buying and their wedding ring (something to do with a strip club).
A fool could learn a thing or two about how a [...]

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