EF SQL Server Database - Timebound records

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ASP.NET

SQL-Server

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Hi,

In my project, i want to implement a mechanism for time bound records. For example, lets say the customer creates a transactions with:
TransactionID, From, To, etc, CreationDate

And i want to delete these records, 5 days after creation date.

It would be great to get some ideas to use in production for this.
I am using Entity Framework, Code-First model. I want to know how to proceed about this issue. Does it have to be a Scheduled Job in SSMS? or is there a better way to handle these situations in code?

Any ideas are appreciated.

Thank you.