01-20-2007, 05:24 PM
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 Re: Keeping Receipts - What do you do? Envy, maybe. "Chris Cowles" <spam_magnet[at]remove-me-bellsouth.net> wrote in message news:%23wVc3iLPHHA.140[at]TK2MSFTNGP04.phx.gbl... - quote - > That thought may cause apoplexy in some readers, but I'm comfortable with > it. |
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#-1
01-20-2007, 04:30 PM
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| Re: Keeping Receipts - What do you do? I make liberal use of my trash can. That thought may cause apoplexy in some readers, but I'm comfortable with it. Using electronic transactions for nearly everything, and downloading my account data fairly frequently, significant errors are rare but noticeable. When it happens it's something like double-posting. That's easy to catch when you realize you didn't buy shoes twice for exactly the same cost at the same store. Can something slip by? Sure. Is it significant? Unlikely. Just check your receipts before you leave the store or, better yet, watch the register as they're created. I do keep receipts for things for which proof of purchase might be valuable. -- Chris Cowles Gainesville, FL "TLMc" <TLMc[at]discussions.microsoft.com> wrote in message news:04000F54-2D95-426D-87CB-73A18B8DC9DA[at]microsoft.com... - quote - > We routinely have I routinely have 150 or so credit card transactions a > month. Do you keep every one of your receipts to check against the > monthly > statement? I mean, even the $3.08 Starbucks receipts? Curious as to how > you > handle the scrap paper flow in your home.... > I have diligently saved every single receipt to compare against my > monthly > bank statement. I've been doing this routine with my first debit card > back > in high school (20+ years ago). Now that we have gee-whiz electronic > banking, I'm really questioning the value of doing this little routine. > Sure, I need to keep receipts of big ticket items or things I may want to > return to the store. But at this stage in my life, I'm trying to cut > down on > clutter and simplify wherever I can. > If I keep a close eye on transactions online, what's the risk to me in > not > keeping the $120 grocery store receipt, $40 at the gas station, etc. > etc.? > In all the years of diligently balancing my accounts each month, I have > never > presented a $20 receipt to a bank to "prove" that the charge was actually > $20 > and not $25.... |
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