5 Steps To Organize Your Wallet
These 5 steps will feel a bit inspired by Marie Kondo. Although the KonMari™ method focuses on tidying by category and not location, I'm going to say this out loud now, I believe your wallet and your purse should be on the list because, they're both a category and a location, right? We use them every day and for most of us, it can be a black hole.
Here are 5 steps to get that wallet organized in a way that will work for you.
Step 1: Dump it out
Empty all of the contents out on a table and place them into the following categories: paper money, coin money, credit cards, bank cards, health cards, identification cards, discount cards, receipts, miscellaneous. It's shocking how much we can cram into our wallets, right?
Step 2: Eliminate the plastic
Identify what credit cards you truly need. If you have more than two credit cards in your wallet, I recommend selecting the two that are most valuable to you in an emergency or the ones that are most used. Odds are you aren't using all of them on a day to day basis and carrying all of them in one location can be risky should that wallet ever leave your sight.
Step 3: Discard the discount cards
Most of the points cards these days are connected to your phone number so you don't necessarily need to carry them day to day. If you are nervous about discarding them, on your next trip to the store look during check-out to see if you have the option to enter your phone number.
Step 4: Remove your Receipts
Unless you need a receipt for a return, those bad boys should be going into your tax folder or filing system at the end of each week. Feel like you get too many receipts? Think twice before accepting one. Three things to ask yourself: Is this needed for taxes? Will I need to return any of this? Does this help me budget? If you said no to all of those, then decline the paper receipt. If you do take a receipt, designate an area of your wallet to store it. I also recommend doing some KonMari ™ folding on those receipts so they stack up nicely with the store and date on the top outside. This makes it easy to review.
Step 5: Put it back together
If you have anything left after those steps, odds are it shouldn't go back into your wallet. Before placing the items back in your wallet, pick it up like you are about to pay for something. Do this a few times and see if you naturally open your wallet a certain way. This will help you determine where to put everything. You want your ID and bank cards in the most convenient place for you when you open your wallet so your wallet is out in the open for the least amount of time possible. This comes in handy when traveling.
Your wallet is your money's home. It deserves to be organized!
Livin’ & Lovin’