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Reply to "How to keep track of all your expenses and save the matching receipts?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Must say you need to do this for your miscellaneous expenses like entertainment, books,v etc. How would you organize all the receipts? Would you use a binder? (That's what I am thinking of doing). Or is there some other way that would work? And how do you keep the receipts from fading over time? This may sound crazy, but[b] we may need to do this for my son's special needs bank account,[/b] although I am still not sure what we need to keep track of since he does not have the account yet. I think we need to keep the records for at least a year too. I am guessing it will be about 5 receipts a month that we need to keep.[/quote] Huh? Can you explain? I'm not understanding why you need to hoard receipts especially miscellaneous ones. I could understanding keeping receipts for medications, doc visits, etc for HSA, but that's not what you are asking about.[/quote] I am the guardian for a family member. I am required to keep a receipt for every penny I spend. I then have to mail these original receipts and all bank monthly reports and an accounting for review every year. I keep every receipt in a folder in a file cabinet. The requirements for guardian accounts in VA are archaic (ie can't use bill pay) so its old school filing system and copier and spreadsheet.[/quote]
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