Pretty simple question I hope, but let me give you the background. After holding out for years (and having a job that left me flush with cash) I’ve finally moved to the ranks of the credit card zealots. What I mean is that I now use a credit card for 90% of my purchases. This lifestyle comes with a crapload of paper receipts and it’s next to impossible to reconcile all of them against the online tools banks and Mint.com provides.
In the past I only used credit and ETFs to may for big ticket items and recurring fees and every month I’d go through my receipts and reconcile them against my bank statements using Microsoft Money. That program was sunset and there’s no easy way, short of setting up an Excel file, to track every transaction and mark it as reconciled against my statements.
This end result of this is two-fold. I am buried under piles of receipts that are unorganized and I don’t have a reliable and efficient method of validating all charges against my statements.
Anyone out there have a great solution? Or can you convince me to just trash most of those receipts and hope for the best?