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onelochevy
LSU Fan
Slidell, LA
Member since Jan 2011
7282 posts

Keeping monthly bill receipts

Do you guys keep monthly payment receipts on file for stuff like utility bills, student loan payments, car payments etc? I've always scanned a copy of my payment confirmation and stored it on a cloud drive, but it seems unnecessary seeing as how the payment history for all of my accounts can be found on each respective website. Im getting tired of scanning everything each month and want to make sure it would be OK to stop doing it.
This post was edited on 9/2 at 1:32 pm



Jibbajabba
LSU Fan
Louisiana
Member since May 2011
1434 posts

re: Keeping monthly bill receipts
All of my bills are epaid. The bank keeps that on file for years.


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foshizzle
LSU Fan
Washington DC metro
Member since Mar 2008
32189 posts

re: Keeping monthly bill receipts
quote:

unnecessary seeing as how the payment history for all of my accounts can be found on each respective website




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LSUGUMBO
New Orleans Saints Fan
Shreveport, LA
Member since Sep 2005
5578 posts

re: Keeping monthly bill receipts
I'm getting to his point as well. What few bills I still get paper copies of are on an autodraft so they just get filed away so I can shred them in a few years. The only time I write checks anymore is for the babysitter and housekeeper, so there are electronic records for every other bill I pay.


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HurricaneDunc
Bowling Green Fan
Houston
Member since Nov 2008
9836 posts

re: Keeping monthly bill receipts
I've got a buddy who does this for the sole purpose of having an accurate # of sales tax he's paid rather than using an estimate on his return. I can't imagine it saves him maybe a couple hundred dollars - not worth my time.


ItNeverRains
LSU Fan
Franklin, TN
Member since Oct 2007
7699 posts

re: Keeping monthly bill receipts
We keep every bill from every company that sends us one, but pay everything online and write the date the bill was paid online on the actual bill sent.


BACONisMEATcandy
LSU Fan
Delta, Amex, & Über Threads
Member since Dec 2007
43123 posts

re: Keeping monthly bill receipts
Just go on the website and "print" as a PDF


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Sigma
Michigan State Fan
Fairhope, AL
Member since Dec 2005
2424 posts

re: Keeping monthly bill receipts
quote:

We keep every bill from every company that sends us one, but pay everything online and write the date the bill was paid online on the actual bill sent.


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Tigerpaw123
USA Fan
Louisiana
Member since Mar 2007
10007 posts

re: Keeping monthly bill receipts
quote:

I've got a buddy who does this for the sole purpose of having an accurate # of sales tax he's paid rather than using an estimate on his return. I can't imagine it saves him maybe a couple hundred dollars - not worth my time.


Why does he need to know how much sales tax he pays in a years time?


notiger1997
Member since May 2009
26062 posts

re: Keeping monthly bill receipts
quote:

We keep every bill from every company that sends us one, but pay everything online and write the date the bill was paid online on the actual bill sent


Why? That just seems like a waste of time and paper.


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HurricaneDunc
Bowling Green Fan
Houston
Member since Nov 2008
9836 posts

re: Keeping monthly bill receipts
It's an itemized deduction on your federal return. Most people just use an estimate - he wants to be precise. Like I said - waste of time.


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