Do you reconcile your bank account each month? I do and I am a fanatic about it but not because I was a banker.
I did not have a checking account until I went away to college. My father began to receive the standard calls from his banker that my account was overdrawn....again. Finally on a trip home for the weekend, my dad sat me down and said, "I'm going to teach you one more time how to balance your checking account and if you don't learn this time, your account will be closed." The lesson was learned.
The personnel manager at my first interview for a job in banking asked me if I had any bank experience. I said that I could balance my checking account. The manager laughed, said that was better than most people, and I got the job.
It takes all of five minutes each month to keep your checking account balanced. If you fail to do that you can end up paying your bank huge fees. That makes your banker very, very happy.
I used to keep up with my checkbook but I don't anymore. It's risky, I know.
ReplyDeleteI never have so much money in my account that I can afford not to pay attention. I usually reconcile mine the same day that the statement arrives.
ReplyDeleteRhea, I thought I didn't know you then I remembered I have you on my blog roll! You really should balance your bank statement but I can see how busy you are.
ReplyDeleteJudy, I am so proud of you!
Wayne used to do the checking acct. I had to in the last years - doesn't take long but I still hate doing it!
ReplyDeleteI wish someone had had that talk with me when I was in college! It's taken me years to be diligent about balancing my checkbook, and even still I'm always off by a bit. But you're right, it's very important!
ReplyDeleteI take it that you have a calculator, and you're not afraid to use it.
ReplyDeleteShow off!