Comments on: Balance Checkbook – Daily Financial Tip

By: Nicole

Nicole — Tue, 21 Jul 2009 00:50:38 +0000

I balance my checkbook all of the time (after each transaction). But for some reason, my numbers don’t ever match up with what the bank is reporting. The numbers match for our joint account but not for my personal. I also double check several times with a calculator, a spreadsheet format and review all the statements to account for debits and credits. I believe someone from the bank or somewhere is doing some sneaky things in the background with my account.

By: Queercents » Happiness is a balanced checkbook

Queercents » Happiness is a balanced checkbook — Wed, 08 Aug 2007 14:18:41 +0000

[...] the meantime, Jeffrey Strain at Personal Finance Advice gives his tough love and no nonsense advice by warning, â€œIf you donâ€™t know how much money is in [...]

By: digitalguru

digitalguru — Fri, 06 Oct 2006 21:00:42 +0000

I think anyone that balances their checkbook the old fashioned way instead of banking online is essentially a dinasour.

By: Perky

Perky — Wed, 26 Apr 2006 13:55:25 +0000

I did it

By: Perky

Perky — Tue, 25 Apr 2006 16:03:40 +0000

easy indeed, wanna know how many hours I have spent this week getting 1 +1 to equal 2 not 82? (but I admit once I get it straight I will feel much better)

By: Million Dollar Goal » Carnival of Personal Finance #45

Million Dollar Goal » Carnival of Personal Finance #45 — Mon, 24 Apr 2006 04:37:14 +0000

[...] Balance Your CheckbookÂ – Easy to do, but most people don’t do it – and this greatly increases the risk that you’ll end up paying fees from your bank. [...]

By: Gloria

Gloria — Fri, 21 Apr 2006 21:39:48 +0000

I use my online bank and excel worksheet to do this. It is a very simple system.

By: pfadvice

pfadvice — Fri, 21 Apr 2006 13:39:25 +0000

First, love your anti-spam / anti-robot technique!

After waking up to a few hundred spam comments that got through the regular spam defense system, we decided that another line of defense was needed. My email box has been a lot less full the last couple of days which is just wonderful!

By: makingourway

makingourway — Fri, 21 Apr 2006 13:31:11 +0000

Jeff,

First, love your anti-spam / anti-robot technique!
For many years I had no idea how much money was in my account and I bounced checks all to frequently.
Now I keep track of everything in quicken and know exactly how much I have, how much I owe and what I will pay every day up to 3 months in advance.
All it takes is a few minutes each day — boy does it remove alot of anxiety!
Have a wonderful Friday,
makingourway

By: Tanya G

Tanya G — Thu, 20 Apr 2006 23:29:18 +0000

In Australia it is mainly businesses that have cheque accounts. Some people do but in my experience not many. I used to years ago but the fees that were associated with it were huge compared to the everyday savings type account where you just use an ATM card to access your money.
I think the main idea in the tip is no matter what sort of account you have it is important to know that it all balances