Home / Finance / Personal Finance / How to organise your financial documents for a clutter-free 2021

How to organise your financial documents for a clutter-free 2021

Tips on figuring out which document needs to go straight into the dustbin and which needs to be kept, just in case

financial planning, investment, income, expenditure, expenses, spending, saving

Premium

8 min read Last Updated : Dec 22 2020 | 11:39 AM IST

Storing financial documents was simple until a decade ago. You either rented a bank locker or stored them in a home safe. Today it’s much more complicated. Mrin Agarwal, financial educator, and director, Finsafe India says, “Today individuals have several financial relationships; bank accounts, mutual funds, stocks, other investment, loans, the list goes on.”

One may argue that many of these documents reach us in digital format. But with information coming from so many sources are keeping our inboxes full and unmanageable. Prateek Mehta, co-founder and chief business officer, Scripbox, says, “Customers today get inundated with a lot of communication.

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in