I decided to go green by going paperless with our investment, checking, savings and credit card accounts. The amount of paper the various banks and brokerages generate with the per-transaction, monthly and quarterly statements is obscene—Ameriprise is the biggest offender amongst our account providers.
Although we live a digital lifestyle—for example, I have been tracking my accounts electronically using Microsoft Money since 1996—I like the security of paper statements. Ridding my workflow and filing system of paper statements makes sense from a time, money and space standpoint even if it means I surrender a little peace of mind.
Our shredder has already thanked me.