FileThis Review

Going Paperless

A recent goal in life has been to remove clutter and junk from the house.  One project I have been avoiding is going paperless. Well this year I have started tackling that project. Maybe in a future post I will write about my paperless system, but for today I want to talk about a new tool I found that is helping me along the journey. It is called FileThis.

FileThis is web service that in my mind works very similar to Mint.com. It syncs with all the accounts you tell it to and downloads a copy of your statements available. For example, I was able have it retrieve common statements like my banking statements, investment accounts, 401ks and IRA statements. I was able to retrieve my bills for credit card, TV, cellphone, and utilities.  It is not limited to bills; I was surprised it even pulled in order receipts from popular sites like Amazon.

Cost

  • Free Plan –   6 Connections includes 500MB of storage and will automatically fetch once a week.
  • Premium – $2 a month.  12 connections, includes 1GB of storage and will automatically fetch once a week.
  • Ultimate – $5 a month.  30 connections, includes 10GB of storage and will automatically fetch once a week.

They have discounts for yearly and multi-year plans if you go the paid route.

Adding a connection

Pick from any of their available connections.

connections

and add your account information.

Choose your storage location

My favorite part about FileThis is that I can choose my storage location, I am not actually stuck using FileThis servers. I can pick from popular cloud drives including, Dropbox, Evernote, Google Drive, Box, Amazon Cloud Drive, my own computer, and even more. At the time of writing this in April 2016 they do not support OneDrive, however I hope this changes soon. In my case I chose DropBox.  After the accounts started syncing the file just showed up in my Dropbox.

FileThisSetupStorage

And that is it! Your accounts are automatically syncing to your desired location.

Accounts:
FileThisDropBoxAccounts

Individual Statements:
FileThisDropBoxAccounts2

Pros

  • Great account support.
  • If the original document was a searchable PDF, you will get it in that state, as opposed to if you have to scan your bills and perform OCR (optimal character recognition).
  • Fetch old documents, going back years if needed.
  • Allows you to choose your storage. This is important in case they ever shutdown (Think Manilla).
  • Has a free starter plan.

Cons

  • Sharing your account information with one more service.
  • No OneDrive support.

Conclusion

Overall my first impression with FileThis has been amazing. I am very excited about this project, and look forward to having it help me simplify my life. I have already told a few of my friends about the service. If you are interested in signing up, you can use my referral link which will give you an extra 250MB of storage on FileThis cloud store as well as an extra connection so you will start with 7 connections.

I hope you find FileThis as useful as I do, and if you do try it out I would love to hear what you think!