Task 41 – Declutter 52 Things in 52 Weeks Challenge – Old Receipts

It’s week 41 of my Declutter 52 Things in 52 Weeks Challenge. If you haven’t signed up yet, join me today as I help you remove all those things in your home you no longer need or use.

Tidying out your handbag, purse or office of old receipts can be very therapeutic, and according to Feng Shui philosophies, decluttering these spaces can help us attract more money into our lives! So with that in mind, let’s get started on clearing out those unnecessary receipts you have floating around, and make some room for more rewarding things instead – LOL!

Declutter 52 Things in 52 Weeks with The Organised Housewife

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Decluttering Task #41

Old Receipts

Creating a central spot to store all your receipts is crucial for keeping your handbag, purse, and office drawers free of receipt clutter! It also allows you to routinely sort your receipts and purge any that are no longer needed.

I tend to throw out clothing receipts that are older than 3 months (I usually keep them this long just in case the garment is faulty and I can return it), tax receipts that are more than 5 years old, and business receipts that are over 7 years old.

TODAY’S TASK: PURGE AS MANY OLD RECEIPTS AS YOU CAN

Note: My definition of purge – sell, donate, repurpose or throw away items as you see fit

  • Look at how you currently store old receipts and see what storage solutions aren’t working.
  • Gather all your old receipts together, grouping them into personal and business receipts.
  • Ask yourself the following questions for each receipt, and only keep receipts that give you at least one ‘yes’:
    • Is it needed to reconcile with a bank or credit card statement?
    • Do you need them for tax purposes?
    • Do you need it as proof of purchase for a warranty or service agreement?
    • Might you need to return any of the purchased items?
  • Consider going paperless with your physical receipts by scanning or taking a photo of them and storing these in a folder in your phone or on your computer.
  • For receipts that are emailed to you (JB-HI FI do this), create a folder in your inbox to store them in.
  • Use a storage system for physical receipts that need to be kept, which allows you to easily keep them until a specific period. That way you can easily purge them after this date.
  • Develop the habit of sorting through your receipts weekly.

Create a central place to store and organise the receipts that you do need to keep, such as in an envelope, a box, or this pocket-sized expandable bill folder. I store mine in this expanding file as there are times I buy something and either change my mind and want to return it, or it is faulty and I am thankful I held onto the receipt to easiily exchange it.  I keep the receipts sorted by shop, and clean this out every few months throwing away old receipts.  I also have a folder for homewares and other general purchases.

  SHOP: small expanding file folder

  READ MORE: Best 5 Budget Home Organising Hacks (as seen on the Today Show!)

Organise your home with best budget home organising hacks

  CREATE A BUDGET: with my Household Budget (instantly downloadable excel file)

Create a budget with The Organised Housewife Household Budget

How many items have you been able to purge today?

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4 comments

Bernardette October 11, 2019 - 1:44 PM

I invested in a small home paper shredder// so now my bills and other personal stuff is Shredded before I add it to my worm farm
a double bonus
’cause it is a secure way to dispose of personal paperwork .. ( the worms eat it ) and I get free garden fertilizer
a win win all round

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Katrina - The Organised Housewife October 14, 2019 - 1:50 PM

This is a fab tip Bernardette! Absolutely love it 🙂 Thanks for sharing. Kat x

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Shannon October 13, 2019 - 6:11 AM

Hello I would be very interested to see how you organise paperwork like utilities, insurance, car registration, tax etc which needs to be kept for 7 years, mine is very unorganised. Ideally I would just like to go to relevant year to destroy. Any tips would be greatly appreciated

Reply
Katrina - The Organised Housewife October 14, 2019 - 1:59 PM

Hi Shannon, I can’t stand extra paperwork kicking around either! I have changed all these documents over to electronic versions, so I can simply save them in a folder in my emails now (no paperwork – yay!). I would strongly recommend doing this! Hope this helps 🙂 Kat

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