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01-04-2004, 05:31 PM #1
Do you balance your checkbook with your bank statement each month
Yes I do right down to the penny. A number of years ago, I made a huge banking error because I hadn't done that. Taught me a lesson the hard way.
How about you?
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01-04-2004, 05:43 PM #2Founder
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We rarely write checks, but if we do then we match things up. We have almost everything auto deducted from our account. It's one of the best things we've ever done.
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01-04-2004, 06:21 PM #3Registered User
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Yes I do. I do with 3 checking acct.s and 2 savings accts. I keep a close eye on the retirement account but since we make yearly not monthly deposits in that one I don't have to reconcile it as often.
(yes I know we should be doing monthly deposits...and am working on that)
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01-04-2004, 06:21 PM #4Registered User
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Balance the checkbook- EVERY month! I've seen our bank make way too many errors in the past. For example- they posted my sister's deposit into my dad's account. Their explaination? They go by the 1st 3 letters of your first name. Marvin and Marlena- uhm. . . . I thought it was all done by numbers?
Anyway- yes we do!
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01-04-2004, 07:53 PM #5
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01-04-2004, 09:52 PM #6
Yes and I also check it every week online for free. I want to make sure I don't mess anything up.
~*Michelle*~
~Wife to Rick since Dec. 19, 1986~
~Mother to Richard, 23, Chris, 21, and Dakota, 17~~Mother-in-law to Amber, wife of Richard~~Elementary Teacher~
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01-05-2004, 02:58 AM #7
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01-05-2004, 03:48 AM #8
I mostly balance it online rather than the paper statement...but I do look over the statement monthly for errors.
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01-07-2004, 04:31 PM #9Moderator aka AmyBob
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Dh either balances it with the statement or with our online access to our accounts.
My Blog: http://amysreallife.wordpress.com
Amy
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Our Only Debt: Mortgage - $454,243.56
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01-07-2004, 05:19 PM #10
Yes, every month I reconcile our bank statement using MSMoney...right to the penny. I also check our accounts online a couple of times between statements to make sure nothing has been missed.
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01-07-2004, 09:21 PM #11
Every month when the statement comes in, I take the time to balance to the penny!
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