Category: Paper Management

Ready or Not, Here Comes Tax Time!

      Whether you prepare your taxes or take them to an accountant or professional preparer, there are steps you can take to make the process easy and painless, or at least easier, for all involved.  I am a truly lucky woman.  The really great man I married is a CPA, so I have not had to worry about the paperwork of filing taxes since we got married.  That same great guy also agreed to answer my questions this week about organizing tax papers for my blog (he is a giver like that!).

     If you’ve filed your 2011 taxes already, pat yourself on the back, then skip to #4 and #5 to see how completing your tax return next year can be even easier.

1.  Start with last year’s return.  Look at the order of last year’s return, then collect and organize your information in the same order. This is not a complete list, but it should get you started.

  • W-2s, 1099s  and K-1s
  • Cost basis information for investments sold
  • Student loan info
  • Real Estate Taxes
  • Mortgage Interest
  • Charitable Contributions
  • Union Dues
  • Unreimbursed Work Expenses
  • Childcare Expenses
  • Last pay stub of the year
  • Receipts for items if you plan to itemize
  • Also, bring information for any new life situation, like birth certificates and social security numbers for children born in the tax year. 
  • If you have made any major purchases or sales this year, like buying or selling a home, major investment or business, collect the pertinent paper work for your use or to take to your accountant appointment. 
  • You are responsible for this process.  If your taxes are professionally prepared, your preparer is responsible for asking thorough questions, but you supply the answers and the information.
  1. Get ready, Get set, Go!  You can start your forms even if you are still missing one or two pieces of information.  Start with the information you have, even if you are waiting for a final number or detail, and then complete your return when you receive that last detail.  This avoids panic mode at April 15th looms closer, and it also gives you at least an estimate of what your taxes may be, and if you will owe money or receive a refund.  An incomplete picture is better than no picture at all.  
  2. Don’t delay, period.  Perfectionism and Procrastination are not your friends.  Do yourself and your preparer (and their family) a favor.  Delaying the process makes it more difficult, just Do It. 
  3. Give your papers a home, to make next year even easier:
    1. Have a hanging folder called “Relevant Tax Info, 2011” or 2012, etc).  Keep it close at hand.  I prefer hanging folders because they are easy to drop information into.  
    2. Within the larger hanging folder, have 3 or more manila file folders.  Title them something like:
      1. Items I Know Are for Taxes for charitable donation receipts, sale and purchase information, taxable transaction information, etc.
      2. Items I Need to Ask About for items you want to ask your accountant or preparer about that may impact your taxes
      3. Receipts for Purchases you can claim, like business expenses.
    3. Add relevant tax information to this holder throughout the year, as it occurs. 
  4. Buy A Shredder.  Once your taxes are filed for 2011, you can go back (with your preparer’s blessing) and shred tax returns that are more than 4-7 years old (again, ask your professional for suggestions).  Shredding is the only safe way to dispose of those old, unnecessary tax returns.

You can do this, friends, and you’ll feel great when your taxes are filed!  A big breath of relief, then move on to something else!

Workflow: “Initiation to Completion”

     Last week, I offered suggestions for cleaning off and setting up your workspace for National Clean Off Your Desk Day.  The next logical step is to look at your workflow, and make it work better for you.  Wikipedia defines “Workflow” as “The sequence of industrial, administrative, or other processes through which a piece of work passes from initiation to completion.”

      “Workflow” sounds rather business-y, but refers to anything any of us need to complete, professional, personal or other.  The term “workflow” suggests water to me.  Sometimes water pools and sometimes it moves along, just like work.  Water is necessary to survival, plentiful and refreshing, but can also overflow and escape.  Just like work.  Our work needs to flow into our life, through our processes, reaching completion and leaving our workspace.  The whole point of workflow is movement and action. Here are 4 tips to keep your work flowing!

  1. National Clean off Your Desk Day reminded us that a clean desk can enhance workflow. 
    • Your workspace is sacred, only today’s active work should be there.
    • To decrease interruptions, keep your work and necessary resources to do complete it close at hand.  If you repeatedly have to get up to retrieve a resource, move it closer. 
    • Get non-work stuff out of your workflow, with recycling / shredding / trash close at hand.
  2. Consider your work, and know the path your work should take, from start to finish. 
    • Large companies industries define workflows for different types of jobs, like “idea for article / writer / editor / production”.    
    • Molly’s Example:  I set up a work space for a new bookkeeper last week for a client.  The first thing we did was discuss Molly’s responsibilities and workflow.  Her workflow demands efficient use of her office time, since she’ll be there only a few hours a week.  It includes, in order, reviewing all mail and sorting it into three piles, per the three different business entities she will manage.  From there, the bookkeeping process is the same, regardless of which entity she is working on.  Open mail; sort into Payables, Receivables, Other work, Paper to go to someone else, shred, recycle, etc; do actual bookkeeping; write checks; send those to the manager for clearance and signatures; then mail payments and file the rest.  Done!
    • Kate’s example:  Another client needed to pay her January bills.  First she needed to balance her check book, though, and before she could do that, she needed a print-out from her bank.  For her, the workflow was: call the bank; pick up the printout; balance the check book; pay the bills; and mail the bills.  Until she really thought about the process, she couldn’t see the logical steps to take.
  3. Eliminate or delegate what you can. 
    • What is waiting for someone else’s input?  Send that work on its’ way right away, so that other person can get on with their work, too. 
    • What work can flow to someone else, or be deleted from the stream all together? 
    • Eliminate repetitive and redundant steps.  Years ago, I paid our personal bills and then my husband the CPA would take all the information and enter it into Quicken.  He now does it all, cutting the work in half (and he is really good at it!). 
    • Most definitions of workflow look at processes, not actual work items, but let’s face it – paper and work are usually synonymous.  In my paper management classes, my first suggestion is to get rid of as much new paper as possible.  Cancel catalogs, take your name off of mailing lists, receive bank statements, subscriptions and newsletters electronically or via email.
  4. The definition ends with “Completion.”.  Roll that word around your brain and really think about what it means.  Completion (satisfied sigh).  The work is done.  Now stand up, put away what needs put away, and for a moment, appreciate that feeling of satisfaction that comes from Completion.  Then get back to work!

Six Essential Steps to An Organized Desk

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Spend an hour on your desk for National Clean off your Desk Day!   

     Focus on visual results, and save acting on ideas for another day. Corral your papers into meaningful places, so you can see what you have and start getting things done.

     Most folks are capable of sorting and piling papers into categories of their own choosing. But mid-sort, they find they need to reclaim their work space, and the papers get piled together again and set aside, instead of finding a new home. So the desk stays a mess, and they never feel “done”.

     Another challenge with papers is that they typically represent something else, like a memory, an event, a task to complete or an idea we want to keep. Acknowledging that, you need a physical storage system for your papers and ideas, and the motivation and perseverance to finish and maintain your system.  Here is what you need to do: 

    1. Remove non work related items from your desk (see last year’s blog for a list).
    2. Set up a physical system for Passive Papers (Idea from Freedom Filer, and tweaked for my clients!).
      1. Passive Papers have been acted upon, and now wait for a pre-determined time until they are no longer needed for reference (e.g., receipts, paid bills, balanced bank statements, etc.).
      2. The storage system consists of 24 hanging folders in an open top vertical holder on your desktop
        (preferred) or a very near desk drawer.  Label the folders 2 for each month, with a  “- Even Year” or  “- Odd Year” tacked on the end.  You will end up with two full years of folders, one set for last year (2011, ending in “- Odd Year”), and one for this year (“ –  Even Year”).  The Odd Year folders will hold last year’s papers from your desktop, and the Even Year folders are for adding to during 2012.  Few papers need to be kept longer than one calendar year. 
    3. Set up a physical system for Active Papers, also in an open vertical folder holder on your desk top, with folder names based on What Actions To Take or By Project, or sometimes, both!  For Example:
      1. What Actions To Take:  Receipts for Reimbursement; Calls to Make; Bills to Pay; Forms to complete and return; or Coupons, gift cards and shopping ideas.
      2. By Project (examples from my desk):  Past clients to check in with; Proposal for Home Office and Productivity Class Series; LLC Research and Paperwork; Event Folder, May Communion Party.
      3. Strategic Management, product development ideas
    4. Set up a box for Archival Papers / Treasures.  Archival Papers are long-term record keeping papers, like home purchase papers, filed taxes, appliance manuals and warranties, wills, etc.  Treasures are school project, travel papers, received greeting cards, photos, etc.  These are all projects for another day, get them off your desk.
    5. Grab two bags, one each for papers to shred later and recycling, and start distributing your desk papers to their new homes.  Grab a notebook and jot ideas down as they occur to you, do not get distracted and lose focus.
    6. Now, Get Up and Put Your Stuff Away.  You have distributed your papers to your new folders, but you may have other items that need to go elsewhere in your home or office.  Get up and Put Them Away in their final homes.  Even if this 10 minutes is in the middle of your project, Get Up and Put them away.  Then bask in the glow of your clean desk top, and keep going.  A fellow organizer calls this the Stand And Deliver step, but I can’t find out who that was, and I would happily give her credit.  The point is…. Embrace “Done”!  And feel good about your efforts!

Next Week I will offer some insight on work-flow and productivity, to get things done now that your desk is looking better!

Get Organized and Save Money

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     In this uncertain life, not to mention economy, it pays (literally) to be prepared and organized. A small investment now in time and resources can save you hundreds and even thousands of dollars annually.

Make Some Money on Your Unwanted Items:

  • Sell your clutter. Clutter is defined as anything you don’t need, use or treasure. Turn those unwanted collectibles, furniture or clothes into cash at a consignment store or garage sale or on eBay. And while you’re at it, get rid of the storage unit that has been holding all of this clutter. Let your clutter become someone else’s treasure.
  • Return your clutter. Return any items that you purchased months ago but have not used. One of my clients, who still had clothes that she purchased months ago in a shopping bag, realized just how uncommitted she was to those items and took them back. She received a refund of at least 50 percent of what she paid. Money in your pocket is better than clutter any day.

Save Money on Your Stuff:

  • Buy only what you need. Being organized means knowing what you have and where it is in your home. Designate a permanent location for your stuff and stick with it. This will prevent you from purchasing duplicates of what you already have.
  • Take care of what you have. Don’t allow your treasures to be lost or crushed at the bottom of your closet under mounds of stuff you don’t need. Don’t let the clutter in your garage force you to subject your car to the elements. Don’t let your prescriptions expire simply because you lost track of them at the back of your kitchen or medicine cabinet.
  • Clutter covers up what we do need, use and treasure; by clearing the clutter, you can tend to what is truly important and save money, too!

Save and Make Money with Paper Management:

  • Retain and organize your receipts. Keep receipts, manuals and warranty information for appliances, electronics and other big-ticket items, together in one place.
  • Take the time to fill out and mail the warranty cards. When something breaks down, you will have all the information you need to repair or replace the item.
  • Never pay another late fee. Store your outstanding bills in a file labeled “To Be Paid” in big, bold letters. Then set aside an hour every other week to pay those bills.
  • Take advantage of sales and deals. Retailers offer great money-back specials and rebates because they don’t expect the general public to send in the paperwork. Take the time to mail in that paperwork, and follow-up one month later. Those free product coupons and in-store checks can really add up.
  • Cash in those coupons, gift cards and certificates. I worked with a client recently who had accumulated $300 in local restaurant gift certificates. She used them up and saved some money in food and entertainment costs.

Self and Time Management:

  • Do more for yourself. Trim your son’s hair; mow your own yard; change your own oil; clean your own house; groom your own pet. If you are paying for services, you may be able to save money by doing these things yourself.
  • Ask for what you really want. Instead of more clutter, wouldn’t you love to have some time to pamper yourself with a massage? How about a donation in your name to your favorite charity? Or perhaps a gift of a day of yard work from your family is more to your liking. If you want less stuff but more of something else (time, help, love, self-care, etc.,) just ask for it.

     For me, being organized means I get to make the most of all that I have.  That means money, time, stuff and relationships.  Get organized, and make the most of what you have, too!

High-tech Your Papers

      Technology exists to make our lives simpler.  Review your current practices,  and ask yourself: Is there something you can do to simplify your paper management?  Use technology or tools to make things better!

     What we are really talking about when we discuss Paper Management is Information Management.   It does not matter how the information came to you, via paper or electronically via your computer.  There are rules that can help.  Here are a few suggestions for Information Management.

1.  Papers often represent tasks to be completed, so carve out time to get things done.

  • Sorting papers into actions only takes things so far.  You also need to act!  I use Taking Care of Business Tuesdays to get my work done (click here to read my blog on TCB Tuesdays!).   Tuesday mornings are dedicated to working my organizing business, and the business of running my family.  Bill paying, data entry into my planner, follow-up phone calls, maintenance, etc.
  • There is no magic in TCB Tuesday, you can pick any day of the week you want.  Just set aside time to complete your action items.   
  • If you can’t set aside time regularly to get things done, try creating a physical in-box to collect your papers.  It can’t be too big or expand too far!  Once the in-box is full, you have to commit some time to Take Care of Business!  The in-box can be a box, a hanging vertical folder, an attractive magazine holder, etc. 

2.  Choose the Right Name for Your Files:

  • Regardless of what type of information you have, be it Paper or electronic, you still need to file data by date or category, to be able to retrieve the information again.
  • Use Naming conventions to name your folders, either paper or electronics.   “2011 September Income and Banking” or “2011 September Paid Bill Receipts”.  
  • Standardize your naming, then your paper systems and your computer drives will work together.   

3.  Knowing what to keep and what to toss is still important.  If you don’t expect to retrieve information, you don’t need to keep it.   Unimportant, unnecessary information is still clutter, whether it is in paper form or memory space. 

4.  Start with current information, and create the habit of regular saving, maintenance and scanning (more on this in a moment!).  Once you are keeping up with new and current information, then start with older papers.  Do not start with old and neglect the new. 

Technology Solutions to Paper Management

  1. Create Less Paper:
    • Request information in electronic form.  From your bank, your professional organizations, your children’s schools.  Anything we can receive in electronic form saves trees and keeps those papers from piling up. 
    • Automate your banking and bill paying, on-line through your bank.
    • “Print” electronic receipts and emails to PDF form instead of on papers.   A PDF is like a photograph of your information.  You can’t manipulate the info, like you could in a Word document, but you can save the information.   We “print” our e-information, then save it to a folder on our computer, using those naming conventions.
    • If you don’t have a PDF writer on your computer already, Google PDF programs.  Three to look at are Primo PDF (free) , Cute PDF Pro (cheap) and Adobe Acrobat (not cheap).  
  2. Manage the Paper and Information You Have:
    • The Fujitsu ScanSnap scans all papers, even double-sided ones, into your computer to let you keep the information while getting rid of the papers.  A great idea!
  3. Above all things, if you choose to scan or electrify your papers, you must have reliable back-up for your data.  Make backing up your data a habit, or subscribe to a service that does if for you.
  4. Suggestions from my techies are external hard drives; NAS (network attached storage); Amazon S3; and Carbonite, with the services more highly recommended for safety.  The services cost money, but will manage technology updates on their own.

So, my challenge to you this week is to use the technology available to clear those papers and get on to more important things! 

On a personal note, I wrote this blog while out-of-town for the holiday, picking the brains of my two favorite techies over lunch.  Guess I was using my technology to get things done, too!  Thanks this week go to my husband and my brother-in-law, for technology advice!  You two rock!

Don’t Just Pile, Act then File!

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     This week’s article is inspired by Mary and AnneMarie, so thanks, ladies, for the inspiration.   And thanks to all of you who offered comments and insight in the Pile vs. File debate, via email or Facebook.  And the responses also inspired a future topic (perhaps next week) of Cool Tools and High-Tech Solutions for your papers.

     Most of the folks who responded feel they are both Pilers and Filers of papers, meaning they pile papers for a while and then file them, with a variety of time frames, from “once a week” to “whenever I can’t find something”.  And a little pile of work to be done is Ok, but please, not too many piles!

     This month’s Real Simple reported that 83% of HR managers “say the appearance of an employee’s workspace affects their perception of the employee’s skill level and professionalism.  Want to be a go-getter?  Then go get those dirty coffee cups and messy piles of paper.”

     I find the challenge with paper is that each piece of paper represents something else.  This post-it note is not just a piece of paper, it is a place holder that represents a phone call to make, a letter to write, an action to take, a past event, a loved one.   There are 3 types of papers:

  • Active: Papers requiring action:  Bills to pay, forms to fill out and return, coupons, receipts for returns, articles to read
  • Passive:  Papers we need to hold on to for a prescribed time, perhaps to refer to or not, then purge: receipts, paid bills, kid’s activity schedules like soccer or baseball rosters
  • Archive:  Papers we need to keep forever, like mortgage papers, tax records (for 4-10 years, depending on who you talk to), birth certificates, wills, passports, etc.

Why Do We Keep Papers?

  • We haven’t completed the actions they require.
  • We think someone will care about them in the future.
  • We haven’t gotten around to doing anything with them, or it didn’t occur to us we could toss them. 

 Why Do We Pile Papers Instead of Filing Them?

  • We’re afraid if we put something away, we’ll forget where it is or that we even have it.
  • We don’t like or trust our filing systems because they are too complex, or too basic, or they were not created by us for us.
  • We don’t feel like filing, because we don’t see why it matters.  Or we are busy, lazy, got called away, the files are far away, the drawer is broken, we need to clean the old stuff out of the file cabinets before we can put the new stuff in, and that job seems too overwhelming, too, yada, yada, yada.  I do this for a living, I have heard lots of reasons why people don’t file.  The reasons against filing are legion.

 Why Does Piling Paper Cause Problems?

  • Piling papers vertically makes retrieval of information difficult or impossible.
  • Gravity.  We can only pile things so high before they topple.
  • There is only so much horizontal space in most homes
  • Visual clutter is distracting
  • Piling papers puts all papers equal, regardless of importance, type of action, value, etc.

 Why Do You File Papers?

  • Well, to counteract all the problems listed above, of course!
  • Filing things away makes finding them and everything else easier.  Papers stay where we put them.  And then we can see the beyond the clutter.   
  • File folders and holders hold paper vertically and are open at the top, maximizing space and allowing viewing and retrieval.
  • Maintenance is so much easier than catching up.  A few minutes daily is much easier than a monthly paper mess!  I am very proud of those of you who answered that you are both a Piler and a Filer. 

 First Things First:  Set yourself up to Succeed:

  • Sit down with a shredder, recycling bag and 10 minutes on the timer.  Power through your piles, re-sorting your papers into Action, To File – Passive, To File – Archival, Recycle and shred. 
  • Now that you’ve sorted your Papers, Jump In!
  • Active Papers:  Active Papers are the only papers you should have on your desk right now.
    1. Try a new way of holding your Active papers, like a standing file folder on your desk. (No Piles, remember?!?!)  
    2. Break down your Active Papers Pile into types of actions to take: title manila folders “bills to pay”, “forms to complete and send back to school”, etc.   
    3. Break down the actions into little tiny steps, if necessary.  I read an article about a woman who needs to file her expense reports more quickly. 
      • Currently:  Her expense receipts get stuffed in her wallet until it is too full, then she takes them out and piles them on the desk until the pile falls.  A couple of times a year, when the spirit moves her and / or she needs the money, she files her expenses. 
      • New Requirement:  Her employer now requires a 60-day-or-less turn around.  If she wants to get paid, she has to step up.
      • Her folders now live in a holder on her desk, and walk her papers through the reimbursement process.  They are entitled: receipts to expense; receipts to copy; copied receipts to submit for reimbursement; reimbursement requests sent; and Reimbursed Expense requests and proof of payment, 2011.
    4. Schedule time to actually act on your action items.  If you don’t dedicate time to Action items, they will never get done.  Monday morning are my Action mornings. 
    5. Once you act on a paper, ask yourself again what the next action is for that piece.  It could be Return to School, pop in the mail, give to someone else, recycle, file, etc.  Papers need to keep moving!
  • Passive Papers: Stand and deliver
    1. Once you decide a paper gets to stay in your files, spend time every day or every week filing things away.  I have spent lots of blog time on Paper Management issues, so click here for pertinent links to topics like categories, filing systems, etc. 
    2. Archival Papers:  File forever.  These are the easiest papers to deal with because you don’t see them often, and there aren’t many of them.  Unless you have 30 years of accumulated passive papers, which leads us once again back to maintenance. 

     I like filing.  I like the feeling of accomplishment, of Done-ness.   I like clutter-free, visually peaceful space that comes from filing.  I use filing as the final act of closure on my work day, before I turn off my computer and go do fun Colleen / Mom stuff.  I never have much to file, and my folders are convenient to put things away.

    I challenge you, this week, to look differently at your pile of papers.  Do a power sort and purge the easy stuff, then Act on your Active Papers and file the rest.  You can do this, I know you can.  And you will be amazed at how much better you work when the piles are gone!

The Day the Bags Come Home

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Summer relaxes our daily routine, and brings opportunities to work on organizing projects.  Paper is always an issue, but working on kid and school papers in the summer offers the rare opportunity of cleaning papers off the desk or kitchen counter, and having them stay gone for a few months!  Yeah!!

     In less than 2 weeks, it will happen.  You know, IT.  That Day, the one where the contents of your child(ren)’s desk and classroom comes home in bags from school.  Ugh.  But we can handle this, I promise!  When the bags arrive, take half an hour and WITH YOUR CHILD’S ASSISTANCE:  

  1. Purge garbage immediately. 
  2. Review school supplies, set aside those items that can be used all summer or next year, and trash the rest (knowing you all will want some new things for Back-To-School. 
  3. Set aside the rest in a bin or bag, and put a date on the calendar for another hour with your child to review it.  If you are feeling really inspired, tackle this step right now, but we often want to go play on the first day of summer.

In a few weeks, when that scheduled hour arrives and you have both gained distance and perspective on the school year, decide what papers stay and what papers go.  The school papers fall into 4 or 5 categories:

  1. Tests and assessments: SAVE A FEW, especially the official reports from state testing.  And you can keep really big and meaningful projects, like book reports or essays. 
  2. Achievements, awards and progress reports: SAVE MOST, and just the last progress report if it is cumulative.  And there probably won’t be more than 10 or 15 of these.
  3. Daily school work and home work:  TOSS!
  4. Art and craft projects: TAKE PICTURES of big ones THEN PURGE the projects; save a few small ones.  If you struggle with all the Art, try: Creating a gallery on a clothes line strung across the bedroom with clips for papers; Creating a magnet wall with magnetic paint and a border, and clean it off once a month; buying a grouping of inexpensive frames, and swap out pictures every week or month.  Your little Picasso is wonderful, of course, but not every piece is a masterpiece.
  5. Other business of school (unless it is about the next Academic School Year): TOSS!

ACADEMIC BINDER:

     The important stuff in the first 2 categories goes into the Academic Binder.  Each child has an Academic Binder begun in preschool, with testing assessments (MAPS and ISATS), end-of-year grade reports, class pictures, award certificates, event programs for band and choir, special notes from teachers, etc.  My oldest recently completed an application for entrance into National Junior Honor Society.  He had to list awards and service projects from the current and past school years.  All the information he needed was in the Binder and it was huge help in putting together his application.  He enjoyed flipping through it, too.  When we start applying for high school honors and scholarships next year, we’ll be ready to go!

(Click here for a past blog on creating Binders)   and (Click here for past blogs on more Paper Management Topics)

Daily School Work and Art:

     My middle son would keep every paper he ever touched if I let him (But I don’t).  Some rainy summer day, we will go through this year’s school papers and whittle the big pile down to his true treasures:  reports or essays, big projects, math tests that earned him his math medal, etc.  We’ll wrap the keepers with a rubber band, or in a 9×13 envelope labeled with name, date and grade.  We’ll take pictures of any large or 3D art projects, and keep just the pictures.  We have a plastic box on the shelf with past years bundled in it already, and this year will be added to the top.  We have yet to review any past years, but he likes to know we kept some stuff and I respect his wishes (with limits).

Stuff as Treasures:

     Boundaries and limits are needed in the amount of papers and treasures you keep for your child.  With babies, we want to keep favorite outfits or toys or books, and keepsakes like greeting cards and growth records of course.  As the kids get older, they start to generate more keepsakes, like handmade mother’s day cards or pre-school papers, and they start to value stuff on their own, like event tickets or “treasures” like toys or balloons, etc.  Now that my boys are older, they choose to keep or toss their own stuff, in addition to stuff I deem necessary to keep, like grade reports and programs from their shows and concerts, and things.

            So, try for a sweater box size of keepsakes per year (OR LESS), regardless of what is in the box.  We keep less and less these days as keepsakes, but my boys accumulate their own “stuff” now.   Are you keeping things for you to review in 20 years, or for your child to review in 20 years?  There is no wrong answer, but if you think you are keeping things from them, ask yourself what you would want to keep from your own childhood (tip: NOT piles of old homework papers).

      As you keep papers or other treasures, WRITE A NOTE about the paper or item and leave it in the box for your child to read when he or she gets older, so you both remember in 20 years why you kept an item.  We like to see some things from our childhood, but we don’t want to be burdened with an attic full of things we don’t remember.  And always remember that activities and time spent together will be more important to your child than any stuff you may keep.

So, block out a little time in the next month to review those kid papers, purge most of them, and set some aside as to keep and treat as treasure.  And enjoy a few months with a clear kitchen counter or in-basket!

Refine Your Bill-Paying Process

     Refine Your Bill Paying Process: I can’t pay your bills for you, sorry about that. But I can help you pay your own bills better, saving time and money on late fees, and decreasing stress. Here are 7 tips, and a case study for you to think about.

1.  Have one and only one place to stash Bills To Pay:  Where do the bills and mail tend to land? Dining room table? Kitchen counter? Hall table by the door? Everywhere?!?!
     • Decide on one and only one place to put your Bills To Pay.
     • Make it convenient, well-marked and attractive, if it is going to sit on a counter or table top.
     • Make sure the bill-payers/mail-openers know where the One Place is, and that they use it every day to tuck in those Bills To Pay.
     • When it comes time to pay the bills, it is a simple matter of grabbing them all and paying them, instead of searching the house for them or losing them!

2. Be Proactive:  Have a list of all the bills you pay, every month and irregular ones, too, like insurance or tuition. If you have not received one when it comes due, call your vendor and request it. There have been months when we’ve not received certain bills in the mail, and if we had not called about them and made the monthly payment, we would have been charged a late fee.

3. Electrify your Bill Paying:   There are two ways to set up your Bill-payments online:
     • One, set up your payments with your vendors (like Nicor, ComEd, Kohl’s, etc.), to take the payment from your account. Or
     • Two, Set up with your on-line banking to pay the bill. You set the amount and the date of payment, then the bank sends the money.
     • I prefer the second way, for a couple of reasons: It seems safer for your bank to send the money instead of all these vendors being able to request money from your accounts; and if you change banks or account numbers, you only have to re-set your on-line banking information, instead of contacting each vendor with the new information.

4. Spread out your Payments: Sometimes it seems that everything comes due at the same time! In our household, we get paid twice a month, so we prefer to have half of our bills due at the beginning of the month, and half in the middle. You can contact your vendors and request a billing cycle change, to help you budget more wisely. Some due dates cannot be changed, but some can, all you have to do is ask!

5. Put Bill Payment Day on your calendar:
     • Make an appointment every week or every pay period to pay your bills.
     • Perhaps it is every Tuesday evening, or the 1st and 15th of every month. Whatever works for you. Just put the appointment on the calendar, and make sure to do it!
     • Don’t Re-act to bills. Don’t pull out your check book, stamps and calculator every time a bill shows up. Once a week is often enough, you want to pay your bills more efficiently, not more often!

6. An easier way to file your Paid Bills:
     • Filing is for retrieval, not for long-term storage. We keep paid bills for a predetermined time (let’s say 2 years) for “Just In Case”. Just in case we need to answer a question, return an item, or call for service. And that’s just fine.
     • However, we can simplify the filing process by filing our bills by month.
     • For regular monthly bills, set up 12 envelopes, file folders or pockets in a binder, one for each month. Name each month for 2011 “Month name – odd year”, and stash your paid bill stubs and receipts in this file. Set up a second set for, you guessed it, “Month name – even year”.
     • At the beginning of 2012, start filling the Even Year envelopes or binder. At the end of 2012, go back to the Odd year envelopes or binders, shred the contents (by then, up to 2 years old) and start fresh for 2013.
     • Yes, you really do have to file. But, when “filing” is simply putting everything in one folder and (probably) ignoring it for 12-24 months until your system reminds you to purge it, that sounds pretty easy to me!

7.  Monitor your credit rating.  Illinois residents are entitled to a free credit report every year from each of the three credit reporting agencies. Request yours every year, and make sure there are no mistakes, unresolved issues or mysterious entries.  The three credit agencies are  Equifax; Transunion; and Experian.

Case Study: A friend mentioned that she wanted to improve on her bill paying process. She pays her bills online, and stores her paid bills near her computer. Her Bills To Pay are on her dining room table, rooms away from the computer. Sound familiar? Sure, because lots of families use similar systems, and actually it is a good system. Having the bill payment and the paid bill storage together is a great idea, so that works. Having the bills on the dining room table may be the sticking point, though. Like any system, paper management requires us to create and stick to some good habits. So to solve that problem, she (and we) could try:
• Creating an attractive basket or handy envelope to collect the Bills To Pay (and nothing else!) near her mail-processing place, for her and her husband to stash all unpaid bills.
• This friend also mentioned episodic bills, not just regular monthly bills, like activity registrations, etc., and to help with that, perhaps she chooses the “once a week” bill payment schedule, for those things that come up between paydays.

Are You Drowning in Kid Papers?

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      A friend recently stated she was “Drowning in Kid Papers”, and I know we all feel that way some days.  So let me lend a hand and pull you out of your paper flood!  

     There are 3 kinds of papers:  Archival, Passive and Active.  Most of those Kid Papers bogging you down are Active Papers.  Active Papers require a next action and soon!  They are items such as permission slips to complete; a party invitation that requires a phone call, and then a trip to the store for a gift; coupons to take shopping and redeem;  and bills to mail, etc. 

     How do we get to Act on these Papers?   Decide on One and Only One place for these papers to live.  In our house, the active papers live on the kitchen desk (our Command Center).  They live in Only One Place because that makes acting on them a lot simpler!   And This One and Only One Place is also where all papers land when they come into our house, either via our mail box, backpacks, work briefcases, etc. 

  1. Use the Steps from Julie Morgenstern, Organizing From the Inside Out:
  • Sort and Purge – Make purging easy:  What can go now?  Trash?  Shred? Recycle?
  •      Complete forms and put right back in the backpack (we keep envelopes and small $$ in the desk drawer)
  •      File school papers right away. 
  • Sort the rest into Active, Passive and Archival papers
  •       Put away passive and archival immediately
  •       These are Active papers, so sort them by action:  Calls to make, Forms to complete.  Or, Sort them by when you want to Act on them, By Day:  I have a file for each day, so if I have calls to make, I’ll tuck all those reminders in this week’s Thursday file, when I know I will have an hour at home to make the calls.  Or, The Best idea:  Act on them RIGHT NOW, if you can, and move them along.
  • Assign a Home / Containerize:  Have a work space the whole family knows about, and if it tends to be a kitchen counter, so be it.
  • Equalize (Means Maintenance):  Regular maintenance is vital to any paper management system, so plan to act on your Active Papers every day or two, and to look at your Passive Papers every month or two.  Purge the information that is no longer important to you or that is about events and seasons now over.  Every Friday we clean out backpacks and folders, with my sons standing next to me.  We use four categories: Papers for Mom to Act On, Recycle/Toss, File (keep) and Homework to Complete. 

       Here are some examples of files on my kitchen desk, use them as inspiration to create and name your own files:

  1. “To File – Child’s Name” files, one for each child. I fill this file during the week as backpacks come home with papers, then file the items in a bin on each child’s closet shelf when I clean house (every week or 2)
  2. “Academics – Child’s Name” file, one for each child, for quarterly assessments, certificates, awards, etc. throughout the year.  These become part of their Archival records in their binder.
  3. Kids Activities: Current team rosters and contact lists, receipts for paid fees, raffle tickets, etc.
  4. Kids (Possible) Activities (for ideas when they come in the back packs or mail)
  5. Kids Extra Pix (pictures people give us through the year, extra school photos)
  6. Kids Religious Education (handbooks, general information)
  7. Kids Music (handbook, repair information, copies of completed sign ups)
  8. Kids Gifted Program (handbooks, overviews, resources)
  9. Kids Boy Scouts (contact information, handbook and yearly info)
  10. Kids Service (ideas for service projects, things to do)
  11. Kids School (handbooks, schedules, Principal notes and newsletters, sick child policies)

I also have a file holder on the desk, for general Family files.  All of these are accessible to all family members.

  1. Family: Adventures (ideas for places to do and things to do, parking passes, free day passes, etc.)
  2. Family: Events (guest lists for RSVPs; info or permission slips from venues, menu and party ideas for upcoming events)
  3. Family:  Home Improvements (ideas like paint colors or new front door brochures; active bids for projects, info on a new couch)
  4. Family:  Memberships (membership cards and literature for aquarium, zoo, museums, etc.)
  5. Family: Menus and coupons (take out and catering menus, along with coupons and such)
  6. Family:  Recipes (finally, some place to toss all the recipes I grab out of magazines, in a place where I can actually flip through and try them out!)
  7. Family:  Travel (travel info and packing lists for upcoming trips, accessible to me and my hubby, file goes on vacation with us)
  8. On a clip above the desk, we have upcoming event information, in reverse chronological order.  These are just for information purposes, Actions have already taken place:
    1. Invitations I have already responded to
    2. Newsletters from the library, with events I have signed up for circled or initialed
    3. forms to be turned in, like registration, with the due date noted on top
    4. Look ahead to tomorrow’s schedule

      Archival Papers are those items worthy of Long Term Storage, For example: mortgage papers, wills, passports, birth certificates, etc., and annual tax papers (for 4-7 years).  We store archival papers in small and movable labeled bins (not too big), file cabinets, or bankers boxes.   Archival Kid papers could be Keepsakes and treasures from each school year.  A great way to store those are Binders (a separate blog published 2/20/2011)

     Passive papers will most likely not be needed or retrieved except for disposal.  We keep them for a pre-determined amount of time and then discard.  Passive Kid Papers include: Completed everyday assignments and art projects; Yearly school handbook; contact lists for teams, or schedules and calendars (after we input the information into our date book / PDA of choice).   Here are a couple of ideas for How to take care of Kid Passive Papers:

  1. Short term – Open file holders on the desk or counter top, see above for suggestions 
  2. Monthly “Reminder”  files – a file for every month, for upcoming events, reminders, deadlines, etc. more than a month away (birthday party ideas and gift ideas are great to pop into monthly Reminder files).
  3. Also, if your young Picasso’s artwork and projects are gumming up the works, keep a few from year to year, or save them all to review in June, after school is over, and have your child pick their top 10.  Or, take a photo of the artwork or project, and print up and keep the photo as a memory (then you can toss the big cumbersome original)

     So, friends, if you, too, feel like you are “drowning in Kid Papers”, consider this your Life Preserver!  Spend a little time setting up your space to manage the deluge, and then spend a little time every day maintaining, or “staying a-float”.   Peace to you – Colleen

Bind Up That Paper Monster!

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Published originally in July, 2010 via  my website.   Copyright © 2010 M. Colleen Klimczak

 

I hear paper management questions all the time:

  • “What do I do with my kids’ school papers?”
  • “I cut out lots of recipes, how can I remember to use them?”
  • “How do I store my papers so that I can find things easier?”
  • “Maintenance is a pain – how can I make it go easier?”

            The answer to all these questions can be “Binders!”  Early on in my business, a friend and client helped me embrace the idea of Binders, so thanks to DCD!

 When to use a Binder system:

  • When you work with categories, like Children’s School / PTA or Medical Papers, 2009;
  • If you are a visual person or prefer to see your papers instead of filing them in file cabinets;
  • When you want or need your papers to be portable;
  • You have space limitations, binders work well instead of large file cabinets;
  • When you don’t have a system that works, or are ready to try something different to get a handle on your paper management (WHICH MEANS ALL OF US!).

Why use a Binder system:

  • You can read your information like a book;
  • You can organize your information how it makes sense to you;
  • Binders are Portable, to work on when you are on vacation, when you travel, when you are out and have some time while waiting, etc., or to take with you to doctor’s appointments;
  • Binders are Flexible, you can add or subtract folders as life evolves;
  • Binders are Duplicate-able, meaning if they work for one family member’s medical issues, perhaps you can use them for other areas of your life.

Situations that might benefit from a Binder System:  I use them for:

  • Working with categories, like
    • Children’s School / PTA or Medical Papers, 2009
    • Class topics / presentation notes, organized by topic
    • Recipes, like Main Dishes, Appetizers, Desserts, Beverages, Family Favorites
    • Children’s academic papers, organized chronologically and by child (see below for example)
    • For Bills, organized in pockets in the Binder…
  •  
    •      Chronologically by year, then by vendor
    •      Chronologically by year, then by month
    •      Use pockets for pen, calculator, check book, stamps / address labels

How to set up a Binder system:

  • If you don’t have Binders and accessories at home, take a trip to the office supply store.
  • Pick up a few 1”-3” 3-ring binders, a 3-hole punch, a stapler, 2 or 3 sets of binder pocket folders with tabs, plus pens and notepapers.
  • Sort your papers into categories, if you have not done so already, and pick a category like “Your Name – Medical” to try out the Binder idea.
  • Within my Colleen- Medical binder, I have clear binder pocket folders labeled:
  • An example of a non-medical Binder is a Binder for each student in your home.
  • As my kids get older and involved in more academic and leadership opportunities, it is so easy to access their report card history, special achievements and activities, since all the information is already grouped together.
  •  
    • Insurance Statements from my insurance company
    • Bills or statements from my physician appointments
    • Completed / Paid bills for those insurance statements and paid bills, once they are matched up and paid in full
    • Notes or articles I want to ask my doctor about
    • Articles about things I want to learn more about, like Heart health or weight loss
    • Other items might include pre or Post-operative instructions, prescriptions to fill, information about prescription meds I am taking, etc.
    • You can also keep your lab results or similar items in a binder, to make it easier to flip through them and review your progress over time.
  • We have 3 sons, therefore 3 Binders on the shelf in the kitchen.
  • Each child has a Binder, and in that Binder is a pocket for each school year.
  • We 3-hole punch the various papers or use sheet protectors (also available at your office supply store) to store awards received, newspapers articles, school pictures in photo pages, grade reports, team pictures from sports, notes, etc.

     Imagine the Binder system is like the main drive and folders in your computer.  The Binder is the main drive, and the binder pocket folders are the sub-directories for different areas of your life.  Think about the different areas, the “categories” of your life, and give paper management and a Binder system a try! 

Published originally in July, 2010 via  my website.   Copyright © 2010 M. Colleen Klimczak