Employ E-payment

With the advent of mobile banking, our lives have become even easier. Mobile banking helps us in quite a few ways. It not only saves us the pain and hassle of making physical payments but also helps in keeping a track of our expenses. After making online payments, you immediately get a notification on your mobile phone. Try and save these messages for future references. Make a separate folder for all online transactions. You can also segregate them further based on personal and professional spending. But do make sure that all your transactions are made on a secure website.

Preserve Credit Card Slips

Preserving credit card slips and statements is another healthy step to follow while streamlining your credit cards. These are good document proofs of your purchases. You can again separate them based on personal and professional spending. You must also keep a separate file or folder to safe-keep these slips. This will help you reach them easily at the time of need. These papers become even more important in case of going for a loan. However, if such papers show any discrepancy, it can jeopardize your loan application. Signing up for free mobile alerts for this is also a good bet.