If your office is buried under ivory peaks of excess papers that you’ve been meaning to do something about, it’s time to make a personal finance New Year’s resolution you can stick to. Eva Rosenberg, one of the monetary masterminds at the Equifax Finance Blog, is ready to show you how to digitize your backlog with her article, “Money Management Tips: Storing Your Paperwork.”
While it’s inevitable that you will lose paper copies of things from time to time, scanning items like bills, tax documents, financial records and wills ensures that they are both protected and only a click away. You can either do it yourself with a scanner at home, or you can enlist the help of a professional service like Shoeboxed.com, which will sort and scan your receipts and other documents for a fee.
Once you have those digital copies, it’s time to figure out the best way to store them. A popular method is taking them to the cloud, which means storing your documents on an external online server so you can access them on any computer. Cloud storage options are usually free for a small amount of files, but then charge a monthly fee for additional space or other premium options. Some of the popular choices for cloud storage of documents include Mozy, Box and Carbonite. You can also get expanded storage space from Google and store all of your Microsoft Office and PDF files on Google Documents, which has the convenience of being tied to your Google account and being mobile-ready. The primary concerns you need to consider with cloud storage options are security and stability.
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