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Well I was going to post this last week, but since that was a themed WFMW, I'll post it this week.
I redid my filing cabinet one night when I couldn't sleep because it was taking me too long to file.
First I put all the files I likely wouldn't need again at the back of the cabinet behind the divider (i.e. non current tax years, I have to keep them in case I'm audited).
Then in front of the tax year folders I put folders that I need rarely, like insurance (I only get one letter a year), car repair bills (4 times a year). Investment files from previous years etc.
In the front on the drawer I have the following 6 hanging files:
Household Bills (hanging file) with folders for: water, gas, telephone, electric, property tax (shred old bills)
Credit Card - Each card in it's own folder (shred old bills)
Banking - Each bank in it's own folder by year (i.e. CIBC - 2007 moves to the back of the cabinet at the end of the year)
Investments - each company with year in it's own folder i.e. "Fidelity - 2007" then that file moves into the Fidelity folder at the back at the end of the year
Pay Stubs - usually moves into the tax folder for the year
Taxes - 2007 - folders for me and hubby
This makes my filing easy for me, it took me about 2 hours to rearrange things and complete a few months of filing (not much, since it's bills and paystubs). Now it takes only 2 minutes to do a month of filing, whoppee!
For more Works For Me Wednesday solutions head on over to Rocks in my Dryer.