Do you balance your bank account?


Do you balance your bank(s) account?  

27 members have voted

  1. 1. Do you balance your bank(s) account?

    • Yes
      10
    • No
      13
    • I don't know how to
      1
    • I don't have a bank account to balance
      0
  2. 2. How often do you balance your bank(s) account?

    • Once a day
      3
    • Once a week
      2
    • More than once a week
      3
    • Once a Month.
      3
    • Few times a month
      0
    • Few times per year
      0
    • Multiple times per year
      0
    • Once a Year
      0
    • I never balance my bank account.
      13
  3. 3. If you balance your bank account how close do you get?

    • Down to the Penny
      3
    • If I get close by a few dollars it's good enough for me.
      0
    • If I get close by more than $10 i'm good.
      0
    • I never balance my bank account.
      5


Recommended Posts

1 minute ago, Nick H. said:

I don't need to balance my accounts. If I want to know how much money I have in them, I just log on and take a look.

 

It made sense in the past, but with Internet banking it became outdated and with the rise of smartphones and data connections the practice is now ancient.

 

Then again, I do know some people who are terrified of Internet banking, so I guess for those people it still makes sense.

That's True. In my Case, I use Quickbooks so every month I bring in all my transactions for the month and categorize the month for deductions and or categorize things into a personal category such as personal or food for example.

4 minutes ago, warwagon said:

That's True. In my Case, I use Quickbooks so every month I bring in all my transactions for the month and categorize the month for deductions and or categorize things into a personal category such as personal or food for example.

Not strictly balancing, but I'm now finding myself checking my balance more often. I had my online details compromised and had some fraudulent transactions made, so I find myself checking transactions more often now!

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