I get a lot of financial snail mail that I’m not sure if I should keep or not. I’m not talking about monthly bills – almost all of those I receive and pay electronically – but monthly statements, prospectuses, agreements about and changes to my investment account, and disclosure pamphlets. I get the feeling my bank is required by law to send this info to me, but if I read each of these brochures I would be up until 2 a.m.
My area of expertise is in everyday finance, not high finance. Instead of picking up the phone and tracking down an expert for an interview, I wanted to ask the BargainBabe.com community for their opinion.
What financial snail mail do you read? What do you keep? Is it necessary to shred everything I toss?