27. Track Expenses and Expenditures

After you've cured yourself of the tendency to keep everything and you're more inclined to effectively manage the administrivia (Tip 10), it's important to be clear about which documents you will need to retain. In addition, you'll want to establish a streamline tracking and retention method that is easy to use, easily accessible, and relatively automatic.

Some of the guidelines associated with record retention will be provided by your employer. Your telecommuting agreement may stipulate certain types of records you're required to maintain. Of course, there are some of the more typical types of expense tracking requirements: mileage, tolls, travel, entertainment, etc. Other expense items, such as telephone, ...

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