After each New Year I go through my papers from the two years before, which this time meant papers from 2011. I usually keep all bills, tax papers, bank statements, insurance things and so on when I get them, but yearly I go through them and throw out papers that are no longer needed. I don't have a shredder so I rip the papers into smallish slices. It really does not take long and I get such a pleasure from the ripping. It's so pleasing to get rid of paper. When all are ripped I mix them up a bit before I take them to the paper recycling bin. I doubt anyone is intrested in the papers, but incase they would be I'm making it just bit more difficult for them to check out my personal papers.