This YouTube video is from Money Talk News.
There is no doubt about it, we live in a digital age. But despite much of our information existing in the cloud these days, there is and will always be some level of paperwork to sort. Even if this stack gets smaller as more and more things go paperless, documents still need a place to go and the junk drawer or pile is often the unfortunate destination.
What are the repercussions of not staying organized? For one, it can cost you dearly due to late fees, misplaced bills, and missed financial deadlines, ultimately affecting your credit score. In addition, a surprising audit could strike — would you even know where to find everything?
But fear not, there are strategies to help you keep things in order. Professional organizer Mindy Noble offers some tips in the video above. She claims that putting your most active files within arm’s reach is most critical. If you can’t easily reach them you won’t use them. Also, she suggest a color coded system of folders, each individually labeled for quick access when the need arises.
For those who prefer a more modern approach, scanning everything digitally and keeping it in the cloud offers an added layer of security as well as the ability for quick access at a moment’s notice. It requires very few supplies (scanner, phone, etc) but has virtually unlimited storage space for your documents.
Regardless of which method you choose, just choose one, stick to it, and watch your financial stress lessen as your life becomes more organized.