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'Balance Your Checkbook' Category

On my post, Do You Balance Your Checkbook, there is a comment from Rattan that asks “what is the best way to balance a checkbook that has never been reconciled”. This is a really great question and one many may have, so I have decided to answer Rattan’s question in a new post so that I might cover it in a more complete manner than a responding comment would allow. The simplest way to begin reconciling a bank account is to do so from the beginning when the account is first opened. However, you may have an account that...
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OK, confession time, do you balance your checkbook? Do you wait until the money runs out or do you wait until the end of the year? Or are you a weekly or monthly balancing type? I confess that I really hate having to balance my checkbook. Not that it is as scary these days as it was several years ago when I became a single parent of three and there was always more month than money. When my kids were home, I only had to say that I was balancing the checkbook and they knew to give me a...
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