Month 1 – Day 2 – Resolution: Operation Organization
Goal of the Day (GOTD): important papers
I'm taking my list and starting at square one. This is possibly the most important one of all. If, god forbid, something were to happen, I'd need to be able to find some of this stuff quickly, and with as little stress as possible.
Step 1: Collect all papers to be sorted through.
Step 2: Collect all materials needed to sort and store items.
ü Recycling bag
ü Shredder
ü Self-closing file folder with built-in dividers
Step 3: The grueling task of sorting through the mountain of STUFF. Here's how I divided my documents:
o Documents to be shredded – old bills, statements, etc. DO NOT THROW THEM AWAY INTACT. Protect yourself from identity theft. It only takes a few extra minutes, and if you're weird like me, you'll find the shredder to be rather fun to use.
o One pile for each family member – their pile should include birth certificates, social security cards, medical/shot records, resume, educational records, life insurance documents, etc.
o One stack for each of the following categories:
o Automobile – insurance papers, titles, loan documents, etc. for each vehicle
o Health insurance – all documents related to health insurance (enrollment forms, paid bills, etc.) – subdivide into Vision, Dental, etc.
o Bank information – 12 months worth of bank statements, as well as deposit slips from the last month (until they show up on your account statement, then you can shred them), extra checks, filled check registers, etc.
o Loans – Original loan agreement, account information, recent statements, payment coupon book, etc
o Tax records – my annual tax documents are stored together in a manila envelope for each year. I find that this works well, considering that every document involved seems to be a different size. (What is UP With that? Isn't it completely inefficient to have to produce 7,000 different sized pieces of paper?)
o General accounts – I keep two months worth of bills from each utility company, as well as a list of account numbers and contact numbers for each company. If my power goes out in a storm, I want to know exactly where to find the number to contact the power company and get it fixed ASAP.
***If you have credit cards create a file for each account. Include in the file your account number, contact numbers for the company, a photocopy of the front and back of your actual credit card, and the six month's worth of statements.
Step 4: Label files in accordion file folders. Since I don't have all that much I need to keep track of, all of my stuff fits into two file folders. I use these. I went with the plastic because I expect it would protect my files from any liquid that they might accidentally come into contact with. (If you have children, you come to expect these things.) I've also put all of the General Account information into one file folder, and the more sensitive documents into the other file folder. The folder with the more sensitive documents will be stored in the safe, so no one can access it accidentally. The utility stuff can be kept out, though, because it doesn't contain any important information. In order to tamper with the utilities or whatnot, you'd have to know passwords (which NO ONE should be dumb enough to store with their papers). Therefore, it can be in a more easily accessible location, so I can get to it quick if I just want to change my phone service or something. :)
When all is said and done, I've got my non-sensitive documents in a filing cabinet, and my other stuff in a safe. I've shredded anything I determined I didn't need. The only thing I will need to do in the future is sort any incoming documents/bills into what needs to be stored, and then put it into the correct folder. Shouldn't be all that difficult now that I've gotten it done.
VERDICT: This whole project really only took me about three hours from start to finish. The total cost was only about $12, since all I needed to get were two accordion file folders. It would cost a bit more if you don't already own a shredder. I am of the opinion that everyone should own a shredder. 1) They are great for protecting your personal information from would-be thieves, and 2) they're kind of fun to use, Make sure you get one with a decent page capacity, cross-cutting capabilities, and the ability to shred credit cards and CDs .
I really should have sucked it up and done this a long, long time ago.