Poll: Do you balance your checkbook?

[waltwill8]

TA,

I'm shocked! Losing control of your finances is the road to the poorhouse.

No, wait. What about the government?

Never mind.

[NW-Bound]

Voted with the majority here: "To the penny". But I voted for DW. She takes care of all the bills.

I have asked to look at her spreadsheets occasionally when I was amazed at how fast our checking account got depleted, but that was about 3 or 4 times in the last 10 years. I trust my "secretary/accountant".

PS. I do everything else, like prepare taxes and keep track of our investment accounts, IRAs, and 401K.

PPS. Like most, my DW uses an electronic checkbook and pays bills via the Internet.

[mickeyd]

Quote:

Originally Posted by Onward Me too. And I save every receipt forever. The error has never been in my favor.

I occasionally run across a receipt that has not appeared on my monthly statement (maybe one per year). After checking month after month, I may never be charged for the item. The honest thing to do, I suppose, would be to notify the CC company about the "error" but I never have done so.

[Khan]

Quote:

Originally Posted by mickeyd I occasionally run across a receipt that has not appeared on my monthly statement (maybe one per year). After checking month after month, I may never be charged for the item. The honest thing to do, I suppose, would be to notify the CC company about the "error" but I never have done so.

Occasionally a charge does not appear on my card(s). I do notify the card folks, but only once.

[mickeyd]

Quote:

Occasionally a charge does not appear on my card(s). I do notify the card folks, but only once.

Did it eventually show up on your statement?

[JOHNNIE36]

I balance about every three days. Strictly on-line banking. I write very few checks-maybe three a month and this to workers at my house when I don't have the cash available. All bills are paid by auto deduction or on-line bill pay. I check the bank statement on-line every two or three days and check for any odd looking charges because we use debit card a lot. Never found a problem with the statement.

[Khan]

Quote:

Originally Posted by mickeyd Did it eventually show up on your statement?

It's been more than three years, never did show up. It was ~$20.

[John Galt III]

Every couple of weeks I use an automated phone system to balance my savings and checking at my credit union. I keep the tally on paper. There has been one mistake by the CU in 20 or so years. They cashed another member's check for a few hundred dollars against my checking account, and overdrew the account ! I noticed it on a Saturday and had to wait Sat and Sun worrying about it, until their customer service was open on Monday, to correct it.