Read with interest about the new service offered by an Amsterdam based bank offering a private banking service where wealthy clients keep their receipts in a shoebox and then a courier picks up the shoebox and brings it to the bank for the banking representative to track the transactions from the box contents. When I was an active member of Filene i3 I was in a small group that discussed this idea and how we could implement at the credit union. Instead of focusing on wealth though we were trying to figure out how to offer this convenience to members who were doing most of their financial business with the credit union. We ultimately picked another idea to pursue, yet I still frequently think about this idea. I even thought that this would be a business opportunity for an entrepreneur. Collecting and tracking this information for consumers – not offering advice, simply collecting and tracking. Many people despise the task. Plus, I have seen some overstuffed wallets and purses with receipts flowing everywhere out there in society. There is an obvious need as consumers are time starved and often don’t know where to start in tracking their financial lives. Tracking is important for the sake of efficiency and making sound money decisions. I think the secret is in the simplicity of the shoebox. I say this because I don’t think you can even expect consumers to scan such receipts, it needs to be as easy as tossing them in a shoebox. Definitely something we should ponder and think about how we could offer such a service.