Financial Advisors Recommend Throwing Away Unopened Bills

NEW YORK—Calling the strategy an “effective solution” for anyone feeling weighed down by economic hardship, a group of leading financial advisors recommended Tuesday throwing any unopened bills in the trash. “It’s easy to feel overwhelmed by invoices piling up—those things are the worst—so just get rid of them,” said Goldman Sachs advisor Adam Bridge, adding that this approach to financial planning was used by many high-net-worth individuals to reduce debt right away by forgetting the bill ever existed. “As soon as you see an envelope reading ‘notice, final warning’ just immediately toss it in the recycling. That warning could be for anything. Plus, how can you owe something that you don’t know you owe?” The financial advisors also suggested that if a person received a call from a collection agency, they should just hang up.