Do I need to balance my chequebook?

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Do I need to balance my chequebook?

Rounding it up

  • Balancing your chequebook used to be a time-consuming but critical process to ensure that money was headed in the right place.

  • It used to be necessary to sit down with your bank statement at the end of the month and compare it to the chequebook register you have on hand.

  • Apps and websites have made “balancing your chequebook” obsolete but it's still a great idea to look carefully at your transaction record to ensure you understand the money coming in and going out of your accounts.

6 min read

Dan Bucherer
#chequebook#balancing#budgeting

Dan Bucherer

Dan is a runner and writer living in the Washington, D.C. area, where he currently works for a financial services trade association as the Communications Director.

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