Let’s be honest for a second…

Saving receipts is one of those things everyone knows they should be doing…

…but almost nobody has a real system for.

Until:

Tax season hits
Your bookkeeper asks for something
Or you need to prove a purchase and suddenly you’re digging through emails, screenshots, and crumpled paper receipts in your car

Yeah. That part.

So let’s fix it — without making this more complicated than it needs to be.

---

Why Saving Receipts Actually Matters

Receipts aren’t just a “nice to have.”

They’re your proof.

If you’re running a business (even part-time), receipts back up:

• Your expenses
• Your tax deductions
• Your financial records

And without them?

You’re relying on memory…

…and that doesn’t really hold up if the IRS ever asks questions.

---

What Actually Counts as a “Good” Receipt

Not all receipts are created equal.

For it to be useful (for bookkeeping and taxes), it should show:

• Date of purchase
• Business or store name
• What you actually bought (itemized details)
• Total amount paid
• Payment method (not always required, but helpful)

If it’s missing details — especially what you bought — that’s where things can get a little messy later.

---

Paper vs. Digital (Let’s Simplify This)

Here’s the truth:

Paper receipts fade.
They get lost.
They end up in random places.

Digital is just easier.

That doesn’t mean you need some super complex system…

But you do need something.

---

The Easiest Way to Save Receipts (That You’ll Actually Stick To)

You don’t need fancy.

You need consistent.

---

1. Take the Photo Right Away

Right after you make a purchase:

Take a quick photo
Make sure it’s clear
Make sure all the details are visible

Don’t wait.

Because the second you say “I’ll do it later”…

…it’s probably not happening and before you know it the
receipt has disappeared. 

---

2. Save It in ONE Place

This is where most people go wrong.

Pick one system and stick with it:

• A folder in your phone
• Google Drive
• Dropbox
• Or a bookkeeping app

That’s it.

Create something simple like:

→ 2026 Receipts
→ January
→ February
→ March

Keep it boring. Keep it easy.

---

3. Don’t Forget About Online Purchases

This one gets overlooked all the time.

For anything online:

Screenshot the confirmation page
Or download the invoice

And save it in the SAME place as everything else.

Don’t rely on your inbox.

Things get buried way too fast.

---

4. Name Your Files Like a Normal Human

Future you will be very grateful for this.

Instead of:

IMG_4829.jpg

Do something like:

2026-04-17_Amazon_OfficeSupplies

You can also include the amount at the end (if you have multiple receipts for the same place).
Now everything is searchable.
And you don’t have to guess later!

---

The 10-Minute Habit That Changes Everything

If you want this to actually stay manageable…

Do this once a week:

Spend 10–15 minutes:

Uploading anything you missed
Renaming files
Making sure everything is where it should be

That’s it.

No overwhelm. No needing to catch up months later.

---

Where Most People Mess This Up

This is what we see all the time:

❌ Waiting too long to save receipts
❌ Keeping everything in email only
❌ Missing itemized details
❌ Mixing personal and business purchases — (This is a big one)!
❌ Saving things in 5 different places

You don’t need a perfect system.

You just need a consistent one.

---

Final Thoughts

Saving receipts isn’t just about being “organized.”

It’s about protecting your money.

Because when your records are clean:

Your bookkeeping gets easier
Your taxes feel smoother
And you’re not stressed when someone asks for proof!

Start simple.

Stay consistent.

That’s really the whole game.

---

💛 Young Wealth Tip of the Week™

If you have to search for your receipts… your system isn’t working.

Make it easy to save them now — so you’re not stressed trying to find them later.

---

Need Help Getting This Set Up?

If you’re reading this thinking…

“Okay, this makes sense… but I’m probably not going to stay consistent with it…” or “I’m gonna need some help with this!”

You’re not alone.

The goal isn’t to be perfect at saving receipts.
It’s to have a system that actually makes it easy to stay organized.

That’s where we come in.

We help you set up simple, manageable systems (like Google Drive folders for receipts & statements), so you actually have a place for everything — and your bookkeeping stays clean because of it.

And if you’re ready to take it a step further?

We can take bookkeeping off your plate entirely so you’re not the one trying to keep up with all of this week after week.

📲 Book a discovery call and we’ll help you get set up in a way that actually works for your business.

---

Stick around, friend. Your next money breakthrough might just be one blog post away.

~Hannah and The Young Wealth Co Team