Today’s Resolution: Make a Paper Trail

Keeping track of expenses makes good sense, but managing the receipts for them is practical sense. Receipts are multi-faceted with what information they can yield when you need it. Many stores offer online survey information in receipts that can net you credits or discounts. Instead of jamming receipts into a wallet or some other convenient place, designate a large envelope for them.

Would you rather go paperless? If purchases are made on credit cards, many companies organized receipt information for you by the category of the purchases to track spending habits. Those small slips of paper can help a great deal in the long run when trying to stick to a budget or sort out tax information.