"I spent hundreds of hours with different piles of paper on the floor," she said. "And it was just a, just a nightmare."
Josephine has developed a much better system with the help of a professional organizer. Consumer Reports money adviser Greg Daugherty says a big hurdle in conquering piles of paper is that we don't throw enough out.
"You only need to save your bank statements for one year, unless you use them to prove deductions that you claim on your tax return," said Daugherty. "Otherwise, it's seven years, which is the same as your tax return."
You can also get rid of utility and service bills after you get the new bill. And consider going paperless.
"You can avoid getting paper bills in the first place if you pay your monthly bills online," said Daugherty.
But what about those bank deposits, credit card receipts, and ATM records cluttering up your life?
"You can toss these scraps after checking them against your bank or credit-card statements," said Daugherty.
However, Consumer Reports says there are documents you should never throw away and that should be stored in a safe deposit box.
Birth and death certificates, marriage licenses, Social Security cards, and vehicle titles are some examples," said Daugherty.
When you're tossing stuff though, Consumer Reports advises using a shredder so that no one can steal important information by going through your trash.
Josephine says getting organized allows her to be more productive and a lot less anxious.
"You can sleep well at night," she said.
Another piece of advice from Consumer Reports -- make copies of anything you store in a safe deposit box so that you have them on hand for easy reference in case you need the information.
