If you look after your money, it will look after you: that’s what I’ve always believed. So to show respect for money and what it can do in your life, you have to house it appropriately. And that means keeping your wallet or purse neat and tidy.
This is an idea I learned from Suze Orman. She says that if your purse is messy and crowded with miscellaneous receipts, it could be a sign that you have issues about money you need to deal with. I really like the way Orman teaches women to respect themselves enough to get their own affairs in order and take control of their financial futures.
I think there is a karma around money. If you keep your purse well-organised, then you are making room for more of it to flow into your life. At the very least, you will be more calm and collected at the supermarket checkout.
So I decided to organise my wallet better. I started by removing all the cards that I don’t use regularly, and put them in a special file to keep at home. The loyalty cards that I do use often I put in a little plastic holder that you get with ID cards. That way they’re all kept together. I put some stamps in here too, so I can always find one when I need one.
The main thing that was making my wallet messy was all the receipts. I rarely use cash these days, and while this does make life simpler for me, it also creates a paper trail: every transaction generates another little scrap of paper. So I decided to write TAX on claimable receipts as soon as I get them and purge the rest once a week. Toni from A Bowl Full of Lemons suggests keeping receipts in a separate pouch instead of your wallet, which would avoid this problem. Etsy seller Rogue Theory makes receipt holders which would be suitable for this.
Here’s the current contents of my wallet:
- How I learned to be thrifty: some thoughts on The Envelope System
- Organised Habit #2: carry a notebook and pen
- Small handbag strategy: minimise!
- The Home Office Series Part 3: getting organised for tax time