How To Reduce Paper Bank Statement Clutter

    Published: 06-16-2009
    Views: 10,138
    Wells Fargo financial expert Barbara Shaw explains how to get organized and cut the clutter of paper bank statements.

    Barbara Shaw: Hi! I am Barbara with Wells Fargo and Company. How quickly can you find a paper bank statement when you need it? More likely than not, it won't be as fast and easy as accessing your statements through online banking.

    Online statements are there when you need them to help keep your finances in order. Some banks will store your statements online for up to seven years. With online banking, you can conveniently access your bank statements anytime, anywhere you have Internet access and best of all they are free.

    Online statements let you efficiently manage your financial accounts in one place. They also allow you to cut through the clutter and get right to the business of managing your money. Online statements will look and function just like paper statements. They are valid for both record-keeping purposes and for tax returns and you can pull them up or print them out whenever you need them.

    As opposed to paper statements which may take several days to arrive in the mail, online statements are available before paper statements are even mailed. And most banks will send you an alert to notify you when your new online statement is ready. Plus they are secure. You don't have to worry about your bank statement getting lost or stolen in the mail.

    You can even reduce your carbon footprint by choosing Online Only statements. You help conserve natural resources like trees, water and gas. Online statements are a safe and convenient way to store your financial documents.