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Money and Finances
Reply to "SO: Does anyone still balance checking account? "
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[quote=Anonymous]I'm in my 50's. I stopped balancing my checking in my 30's. At that point, I started doing 90% of my business (now it's more like 98%) by cc. I log into each account about twice a month. I review all transations on my cc's and against my checking and savings accounts. I look at each transaction to the $100 and make sure that there's nothing egregious. But I wouldn't know if I wrote a check or charged a transaction for $123.45 and it was billed as $132.54. I check my cc's to make sure that my wife or I actually visited that place at that time (and I have caught a few erroneous transactions). I check my checking account for the small handful of checks I write each year. I check my checking account for the direct deposit from my secondary job and my savings account for the direct deposit from my primary job. I don't balance, but I check for transactions and make sure that I maintain a steady balance in my checking and savings accounts and transfer money to/from the money market if needed.[/quote]
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