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How long do you keep bank statements and other junk?

(31 Posts)
Greyduster Thu 09-Jun-16 17:58:33

SHRED them, not she's them!!!!

Greyduster Thu 09-Jun-16 17:57:46

Like you, threesugars we are planning a paper blitz. We've got bank statements going back more than five years and it is my intention hmm to scan them onto my computer - when I have time, and then she's them. We are also knee deep in tax certificates, pay slips from both our former employments, utility bills and all sorts of other semi official detritus. Something has to give somewhere or it will be flowing out the door with me on top!

Christinefrance Thu 09-Jun-16 17:55:43

A word of caution here, I am an inveterate clearer outer but ran into problems when I made PPI claim. I had to produce information from 5 years previously and had a real struggle to find any. I did get compensation but it was tricky.

YankeeGran Thu 09-Jun-16 17:25:01

I always consult Martin Lewis when I have financial queries. In this case:

blog.moneysavingexpert.com/2013/08/12/dont-throw-bank-statements-away-after-six-years/

He doesn't answer individual queries but you can post your questions on his forum and get some expert advice from (seemingly) qualified followers.

tanith Thu 09-Jun-16 17:16:25

I don't get bank statements now that my bank accounts are all paperless, everything is available to me online going back years.
I do get some bills/junk and I only keep them for one year then shred them. I can't see any point in keeping them any longer.

threesugars Thu 09-Jun-16 17:10:37

I'm having a huge sort out. The poor shredder doesn't know what's hit it. I'm planning on keeping 2 years of statements - there's no point in keeping anything any longer is there?