An organized way to pay bills is a must in any home. This simple system makes use of a letter holder with three slots.
1. Whenever bills come in the mail, open them and place them in the back slot which will be designated for unpaid bills.
2. After the bill is paid, transfer it to the middle slot which will be reserved for paid bills.
3. The front slot of the letter holder is where you can put all the miscellaneous household receipts.
4. You can then take the paid bills and the receipts and file them in a folder, a filing cabinet, or in a financial binder at the end of the month.
Rinse and repeat the whole process every month.
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