The holidays will be here before you know it and you will be shopping in the malls and in the local stores.  Now is a great time to organize your wallet so that using it will be easier. 

You probably use your wallet on a regular basis.  (I know I do!)  When was the last time you cleaned it out?  Are you able to find what you need when you need it?  How long does it take you to find that credit card you want to use or a store reward/loyalty card?  Is your wallet bursting at the seams with receipts and information?  Do you need to hold it together with a rubber band?  (Yes, I've seen this!)

Here are five simple steps to organize your wallet:

1.  Purge your receipts.  I recommend that you do this daily to keep it all under control.  Log the debit expenses into your checking account ledger and put your credit card receipts in an envelope until the bill arrives.  Hold cash receipts for no more than 30 days following a purchase in case you need to return something. 

2.  Use digital coupons.  If you carry store loyalty cards or paper coupons in your wallet, they could be taking up too much space in your wallet.  Try using digital coupons or a smart phone app instead.  Try Passbook for iPhone.  They attach your phone and loyalty number so you don't need those cards anymore.  (This might free up your keychain as well!)

3.  Determine your "Must Haves".   Everyone has difference needs and routines.  There is not one way to organize your wallet.  Whatever works best for you is the right way.  However, that does not mean it should be stuffed or stretched beyond its limit.  Take a few moments to figure out what you really need to have in your wallet on a regular basis.  Consider how many credit cards you need to carry with you at all times.  Do not carry your social security card in your wallet!  For me, I keep it simple:  debit card, major credit card, wholesale store membership card, drivers license, health insurance card, AAA membership card, some business cards, and a small amount of cash.  The rest of my credit cards are kept in a separate wallet that I use when I am going shopping at a particular store.  (I plan ahead for any excursions to the store.)  

4.  Decide whether your current wallet fits your needs.  There are many types of wallets to choose from.  Find one that comfortably fits what you need.  Sometimes a wallet can be too big for your needs and you can downsize.  Sometimes you need a longer one to fit your contents.  (Remember to make a copy of your credit cards and keep them in a safe place in case your wallet gets stolen.)

5.  Have a spot for emergency money.  Keep a small sum of money in case of emergency in your wallet.  Sometimes you find that a store only takes cash (my local produce store is a good example) or you find that your credit card is not working.  Fold up some cash and keep it separate for use in an emergency only. 

What do you have in your wallet that can be removed?  

If you find that you are overwhelmed with your clutter and need help getting and staying organized, contact me.  I am here to help!

In the meantime, Happy Organizing!