How to Set Up Your Home Filing System

So, you're ready to revamp your filing system... Thereright-hand side.
are so many different ways to manage paperworkSORTING Once you have the folders for your main
that it would be completely impossible to cover them incategories and subcategories ready, start sorting your
such a short article. However, I will share with you onepaperwork. TIPS: Any envelopes need to go straight
common filing system that will work for most people.into your trash bag. If you happened to be saving an
Before you begin tearing apart your current filingenvelope for the address, take a moment to jot down
system, remind yourself that the main goal of anthe address on your lined paper and then toss the
organized filing system is being able to find anythingenvelope. Plus, to save space in your filing cabinet, be
that you need in five minutes or less. So, if you cansure to unfold any folded papers.
already find things quickly, your current system isNow, every piece of paper that you touch requires an
obviously working for you. But, if it takes you an entireimmediate decision: keep, toss, or shred. Tip: Ask your
afternoon to find your child's immunization records, youaccountant about record retention guidelines if you
will definitely want to revise your current filing system.need help in your decision-making process. Finally,
MATERIALS REQUIRED: manila file folders (left orshred any documents that need to be tossed but
right cut only), pen or pencil, lined paper, trash bags,happen to contain valuable personal information (i.e.,
shredder, memory box or plastic totesocial security numbers).
OPTIONAL: hanging file folders or box-bottom folders,If you come across any sentimental cards or letters,
computer labels, label maker, colored standard andyou need to carefully consider how valuable each item
hanging folders (see below for color-coding ideas)is to you. A handwritten note from your
PLANNINGgreat-grandmother likely holds more value to you than
Take a look through your current filing system. Jotthe goofy Valentine's Day card that your husband
down (on a piece of lined paper) all the filing categoriesgave you last year in which he scribbled "Love and
that you see. Then, brainstorm any additionalKisses from Your Hubby." Toss the least important
categories that you need but do not currently exist initems into the trash. Save only the best.
your filing system.FILING Any sentimental item that makes the cut goes
Next, group similar categories together into larger, moreinto your memory box or plastic tote. That's the limit.
inclusive categories and jot these down, along withOnce that box is full, that's it! So, choose your items
their respective subcategories, on a fresh piece ofcarefully. If you fill your box and are still finding things
lined paper.that you want to keep, you are not allowed to grab
EXAMPLE: Life insurance, disability insurance, healthanother box!
insurance, home insurance, and auto insurance wouldYou'll need to go back through everything in your
be listed as subcategories under the INSURANCEmemory box and get even tougher with your
category. For even easier accessibility, you may wantstandards. You should save only the things that are
to color-code your categories as well. Choose GREENmost important to you so that you can truly honor
for FINANCIAL records, PURPLE for SCHOOLthem.
records, and so on.File all other paperwork into the appropriate folders of
Next, arrange your categories alphabetically. And,your new-and-improved filing system. Now, don't forget
finally, label your file folders. Be sure to use simple,to set aside time each week to file any new (and
common, and consistent naming conventions for yourmust keep) records that enter your home. Then,
folders so that everyone can find what they needcommit to purging your files at the start of each New
when they need it.Year to ensure that your files stay current.
EXAMPLE: In my family's home filing cabinet, allLife is continually changing, so you definitely need to
HEALTH records are grouped together. Each maincommit to regular maintenance of your filing system to
category has its own BLACK hanging file folder, andkeep up! Of course, if you find that your system is no
each subcategory has its own standard RED filelonger working for you, change it! Now you know how!
folder. In addition, all folders are labeled on the