In this era of online banking, is there really any need to save those old bank statements? The rule used to be, save them for 7 years. If they agree with the website record, why would you need them? I can't imagine that any bank doesn't back-up their info, with the most expensive programs available, why would you presume that it would be compromised? I was packing away the statements from 2009, and tossing from 2001, when this occurred to me. Granted, the piles are getting slimmer, only a couple more years, and the ones that still included the cancelled checks will be gone. But, I could use that space for something else! Maybe my used tea bag collection.
Old Bank Statements
April 16th, 2010 at 05:24 am