TL;DR
Switch to online banking so you can see your accounts any time without mailing or filing paper. Turn off the matching paper bills to cut clutter. If you go paperless, download and save your statements to your computer or a cloud service so you can find them years later.
Here’s tip #3 for 2015. Ditch the paper bills and take advantage of online access to your banking information, 24 hours a day, 7 days a week- no mailing or filing necessary!
If you have been meaning to convert to online banking, make it a priority this month. You will save boatloads of time and money by taking control of your finances and becoming proactive with your bank account!
While you are at it, turn off the related paper bills. Save the trees and save your clutter! If you do implement online banking, make sure to download and save your financial statements onto your computer hard drive or onto some type of cloud software like Dropbox so that you can access it years later if necessary.
Keep reading
- Daily Tip #2: Manage Your Money WiselyTrack spending, budget and learn to reconcile your account.
- Organizing Business FinancesA business bank account, a realistic budget and twice-monthly reviews.
Frequently asked questions
Why should I switch to online banking?
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Online banking gives you access to your banking information 24 hours a day, 7 days a week, with no mailing or filing. Kathi says it saves time and money and helps you take control of your finances.
Should I turn off paper bills?
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Yes. Once you bank online, turn off the related paper bills. It saves trees and keeps that paper from turning into clutter.
How do I keep records if I go paperless?
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Download and save your financial statements to your computer’s hard drive or to a cloud service such as Dropbox, so you can get to them years later if you need them.
