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Discussion Boards => Off-Topic => Topic started by: melodylogan45 on March 06, 2015, 04:27:49 am

Title: Balancing your checkbook
Post by: melodylogan45 on March 06, 2015, 04:27:49 am
Do you keep your checkbook balanced at least every week to make sure you have not wrote to many checks
or used your debit card to  much?  💳💰
Title: Re: Balancing your checkbook
Post by: sdenimandlace1 on March 06, 2015, 05:06:26 am
I do mine every time after I use my debt card.
Title: Re: Balancing your checkbook
Post by: Nancy5 on March 06, 2015, 06:43:42 am
I do mine daily if I use my debit card alot.
Title: Re: Balancing your checkbook
Post by: braggin on March 06, 2015, 06:57:52 am
I do this about once a week whether or not I've used my debit card just to make sure I am not going passed zero and having to rely on overdraft money. The fees my bank charges for overdrafting are quite high.
Title: Re: Balancing your checkbook
Post by: bremer51 on March 06, 2015, 07:39:10 am
I do it once a week or so, especially if I have epays scheduled or used my debit card a lot. My husband never balances his checkbook. Granted, any mistake I've ever found was my own.
Title: Re: Balancing your checkbook
Post by: Dynamite2013 on March 06, 2015, 08:32:33 am
What I do is leave $20 in the checkbook and I don't add it to my balance so in case I have to write something in an emergency I know I have at least that in my account. It comes in handy especially when the monthly charge gets deducted so I am always having a balance. I also do the account on my old computer to make sure I have added and subtracted correctly.
Title: Re: Balancing your checkbook
Post by: jkhanson on March 06, 2015, 01:39:22 pm
I only balance/reconcile my checkbook with the bank statement once a month.

I do record each purchase I make using my debit card and keep a running balance.

Like others here, I have some money "hidden" in the checking account that is not in my written balance so I should never get an overdraft.
Title: Re: Balancing your checkbook
Post by: misi49 on March 06, 2015, 02:04:40 pm
I keep a running balance of my checkbook every time I use it.  This way I know I will never be overdrawn.  I keep track of all the money I spend.
Title: Re: Balancing your checkbook
Post by: pkrahmer on March 06, 2015, 05:29:37 pm
I don't write that many checks anymore so I just balance my checkbook once a month. During the holidays I may keep a running total because I spend more at that time. Otherwise I just balance once a month :rainbow: :peace: :wave:
Title: Re: Balancing your checkbook
Post by: aflyingmonkey on March 06, 2015, 05:40:03 pm
I haven't written out a check in years.
I check my account balance periodically over the internet.   I don't balance it out.   
Title: Re: Balancing your checkbook
Post by: linderlizzie on March 06, 2015, 05:43:20 pm
I balance my checkbook when I get my statements. I can't stand it if it's not right.

BTW, all you people who do balance your checkbooks, be proud.  :star: The lady at my credit union says that hardly anyone does that anymore. What???
Title: Re: Balancing your checkbook
Post by: ricdsm on March 06, 2015, 06:42:28 pm
I used to but I've gotten lazy.
Title: Re: Balancing your checkbook
Post by: sherryinutah on March 07, 2015, 12:38:37 am
I like knowing precisely what I have in my accounts and where my money goes, so yeah....

I reconcile my statements and makes sure everything is in sync.   :heart:
Title: Re: Balancing your checkbook
Post by: stbernard1973 on March 07, 2015, 04:07:21 am
I can't imagine not keeping the checkbook balanced.  Every time a check is written it's recorded and subtracted.  Once a week we get on the credit unions online site and check the balance to make sure everything comes out even.  When the statement comes in at the beginning of every month for the previous month, we balance the checkbook again.

I can tell you where every single penny coming into the household comes from and where every single penny that goes out went and what it was for.

I like to keep some hidden money in the checking account as well just in case.
Title: Re: Balancing your checkbook
Post by: nannycoe1 on March 07, 2015, 05:49:55 am
I do mine every time I make a transaction, if I don't I will overdraw.
Title: Re: Balancing your checkbook
Post by: mrisha on March 07, 2015, 07:43:06 am
I think people balance their checkbook at least once a week.  Depending on how much you use your debit card, then it's daily.
Title: Re: Balancing your checkbook
Post by: bretay on March 07, 2015, 07:51:44 am
i keep a register on my phone to keep mine balanced..i was using checkbook but am now using simple checkbook ledger which looks just like a checkbook register..i dont have to keep paper with me..i add it to my phone register and it will even highlight the item once it is cleared..
Title: Re: Balancing your checkbook
Post by: bowrunner on March 07, 2015, 08:36:41 am
I go online to check my balance almost every day but my bank was bought out by another and this weekend is the changeover so nothing is online until Monday.  I'm very much afraid I won't be happy with a new bank so I'm not very comfortable about the whole thing right now.
Title: Re: Balancing your checkbook
Post by: natashaspy on March 07, 2015, 09:32:31 am
i balance mine at least twice a week because i'm  paranoid about bouncing something.  i also constantly check my balances to make sure that i'm adding right
Title: Re: Balancing your checkbook
Post by: timvolley on March 07, 2015, 10:18:57 am
I make sure to check monthly
Title: Re: Balancing your checkbook
Post by: alice44 on March 07, 2015, 11:25:22 am
I keep my financial records up to date daily.  I can't afford to make mistakes ???.
Title: Re: Balancing your checkbook
Post by: Seenobita on March 07, 2015, 12:12:15 pm
I do not even remember when was last time I wrote a paper check!
Title: Re: Balancing your checkbook
Post by: 6265AT99 on March 07, 2015, 01:04:09 pm
Absolutely!!!  It's the only way to make sure nothing "crooked" is going on as well as "balance" your own money.
Title: Re: Balancing your checkbook
Post by: hawkeye3210 on March 08, 2015, 07:31:17 am
I reconcile it with my bank statements monthly.
Title: Re: Balancing your checkbook
Post by: tfw6693 on March 08, 2015, 08:30:38 am
 :) My wife keeps the checkbook. We use a debit card. We don't buy enough to cause overdraft problems. :)
Title: Re: Balancing your checkbook
Post by: melissajh44 on March 10, 2015, 02:22:24 pm
I just keep track of things with my online banking account.
Title: Re: Balancing your checkbook
Post by: BMaston12 on March 10, 2015, 03:04:39 pm
Do you keep your checkbook balanced at least every week to make sure you have not wrote to many checks
or used your debit card to  much?  💳💰
I am glad to say I don't use a  debit card. If I need money, I just make a withdrawal. I do like to keep it up `to date on the check register. I am glad I don't write many checks. It makes it easier to know what you have in the bank because they clear so fast. BMaston12
Title: Re: Balancing your checkbook
Post by: bigfoot951 on March 10, 2015, 07:18:04 pm
I am 30, so it might have something to do with my age, but I have never balanced a checkbook.  I have never felt the need to.  You can keep track of it pretty easy on the internet....
Title: Re: Balancing your checkbook
Post by: hawkeye3210 on March 10, 2015, 09:12:00 pm
I am 30, so it might have something to do with my age, but I have never balanced a checkbook.  I have never felt the need to.  You can keep track of it pretty easy on the internet....

Going online won't account for checks that are outstanding. Too many people just believe the balance online is accurate, then a couple checks clear, and here come the overdraft fees.
Title: Re: Balancing your checkbook
Post by: newmom2814 on March 11, 2015, 03:33:08 am
I can't remember the last time I wrote a check therefore I have never balanced a checkbook either. I keep track of all expenses online, and on a spreadsheet and what not.
Title: Re: Balancing your checkbook
Post by: Forp on March 11, 2015, 04:43:08 am
I roundup the change and check a couple times a month to see if my dollar amounts are in the same ballpark as the banks.  It usually is.