UVA Credit Union Hosts Seminar on Organizing Financial Documents
Tax season is here and the University of Virginia Credit Union is hosting a timely seminar. The seminar is called "Get it Together: Organize your Financial Records,” and it aims to help people become more fiscally responsible.
The seminar focuses on the financial documents you should keep and the ones that are fine to throw away. Financial experts say it's safe to pitch old bank statements, and you can throw away most tax returns after three years.
But they say you should always keep a folder of important documents that can be easily accessed in case of an emergency. What they call a "financial notebook" should have credit card, life insurance, bank account, and loan information.
Experts say you should also keep inventory of your property.
"And if you don't want to take a spread sheet, one of the things we recommend for now, nowadays with kids, they like to take pictures or videos, is just to go through the home and have a videotape of all your valuable possessions,” said Rebecca Cardwell of UVA Community Credit Union.
The seminar, scheduled for this Thursday at 6 p.m. at the credit union's Berkmar branch, has filled up. The credit union scheduled an overflow date. The next seminar will take place on March 11 at 6 p.m. at the Berkmar branch. You don't have to be a UVA Credit Union member to attend the seminar. It's free and open to the public.
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