Ask the Dolans: How long should I keep personal financial documents?

Ken and Daria Dolan, America's First Family of Personal Finance, answer your money questions every Friday.

Click here to ask Ken and Daria your question.

If you're like us, you have a few things you'd like to improve on in the New Year. One of the goals we hear most often from our readers is getting organized, especially with all their financial records and paperwork.

We know, the thought of sorting through all those papers can seem about as appealing as having a root canal, right? Take it from us, it doesn't have to be that painful! Some documents should definitely be kept, but others can be easily tossed. We've mapped it all out for you in our video below.

Dear Ken and Daria,

How long should I hold on to personal finance papers, such as credit card bills, bank statements and insurance stubs?

-Claire



You don't have to hang on to every personal finance document forever! Ken and Daria's simple chart tells you what should be kept and what can be thrown out.