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How Long to Keep Financial Records?

Answer

As a general rule of thumb, you should keep all of your financial record for at least seven years. A good way to keep track is at the end of every year, put all your financial records in a box and clearly make it with the year. After seven years, do not just toss out. Either shred or burn them.
Q&A Related to "How Long to Keep Financial Records?"
As a general rule of thumb, you should keep all of your financial record for at least seven years. A good way to keep track is at the end of every year, put all your financial records
http://answers.ask.com/Business/Other/how_long_to_...
Keeping good financial records is often a necessary step if you want to make sound money decisions and avoid financial challenges. Tracking purchases and saving for financial goals
http://www.life123.com/career-money/investing/inve...
1. Buy a file cabinet and sturdy hanging folders. 2. Buy manila folders to go inside the hanging folders. 3. Sort all your financial papers into piles and stack them chronologically
http://www.ehow.com/how_560_keep-financial-records...
this is mainly for our future reference and also for audit purpose
http://wiki.answers.com/Q/What_are_the_disadvantag...
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