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So I've been doing my taxes and looking over all these papers I have, which is a LOT. I've got bank statements and credit card bills and cable bills and all this old stuff that's been paid and taken care of but that I kept anyway, just because it seemed like a good idea. Do most people keep all this stuff? For how long? I've got copies of old bills from 1998, I know I've got to throw somethings out here.

Credit card bills and bank statements you should keep forever.

Card recepts and invocies that were payed with a card you can keep untill the statement comes out, then once you have checked everything is ok then you can tear them up.

Cheque book stubs I think you have to keep forever. Tax papers its a good idea to keep forever [this is going on the uk tax, FYI]

For anything else not covered, try asking an intdependant finactial adviser or your bank.

This is a link to a UK tax site that might help you somewhat: http://news.bbc.co.uk/1/hi/programmes/working_lunch/default.stm

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(Rating: 5) thanks! you give really good advice that's smarter than most people's!
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