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Shredding Time Management Blocks

May 7th, 2007 · No Comments

One of the biggest challenges to effective time management is locating the right information. This becomes very evident when digging up a year’s worth of receipts prior to filing annual income taxes.

Every time you have to hunt for a record, you are losing time that could be applied productively elsewhere. At that point you may realize how much useless information you have collected through which you need to sort.

A good shredder could become one of your time management tools. I recommend to my clients that, for their home use, it should handle at least twenty sheets of paper together, with staples attached. There is nothing efficient about putting two or three receipts at a time into a shredder when you have a large accumulation of paper in front of you.

What can be shredded? Among my time management seminar topics, I always include a section on “tossing.” Unneeded information might include:

  • Investments statements that are duplicated in the year-end report
  • Unsolicited credit card applications
  • Utility bills not claimed on taxes
  • Canceled checks not used for deductions
  • ATM credit card receipts after reconciling
  • Papers with a user ID, password, Social Security number, or date of birth
  • Ask yourself, “What is the WORST possible thing that could happen if I did not have this piece of paper?” Then make a decision now to file it or toss it so there are no accumulating stacks of papers hiding important information.

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    Tags: Paper Management