When we receive a bill, it goes in the bill basket on the corner of the kitchen counter. I pay all bills on the 1st and 15th. On the statement, I record the amount, check # and date, then I staple all of them together and mark with the date and stick it in the filing cabinet, unless it is a tax deductible item, then the statement gets stuck in my tax deductible box.

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~Happiness is a large family~

We have one of those mail organizers that has slots numbered for each day of the month and a drawer where we keep our stamps, address labels, checkbook, etc. When we get a bill in the mail ( which most of ours except insurance we do, so DH and I can keep track of the bills and write paper checks) I open it, throw out all the extras they put in there and then I put the bill and its return envelope in the slot for the day it is due. I pay bills each Friday, when I balance checkbook and do general office filing work so I always pay for the next week. After I pay a bill, I write the date it was paid, the check number or reference number if I paid online or over the phone and the amount paid. I then have a file box that has slots labeled for the following: bank statements, gas, phone, water, credit cards, student loans, Directv, and misc. (includes doctors and insurance papers) and in the back I put all of DH's paystubs. Then at the end of December I go through and file the bills I might need in the future in a master filing cabinet upstairs and I shred the bills I don't need anymore.

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I collect all bills (business & personal) in a single manila file folder and pay bills on the 10th and 20th of each month. After I pay everything, it is all filed right away so it doesn't pile up. All of our business stuff goes in one file drawer and our personal stuff goes in another file drawer. Everything gets transfered to storage boxes at the end of the year and we start all over again!

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He who does not economize will have to agonize. ~Confucius