Sunday, November 7, 2010

Track your online transactions — offline

You should also keep offline records of your online transactions. You can do this by listing your transactions and confirmation codes in a simple Word document or with personal finance software like Money 2003. Scotchmer keeps track of her paid online bills by writing the confirmation number on the bill stubs — her home bank website also has a section that records her bill payments.
Remember to keep these offline records secure. If you're printing confirmation codes of bill payments for example, Murray suggests that you keep them in a locked cabinet with your other financial documents. If you're using Word or Microsoft Money, be sure to password protect your files.

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