I get a lot of mail...for some reason, my husband thinks this is my fault, as much of the mail, probably a good 82.8% of it is catalogs or junk mail. Granted, I like looking through catalogs in all of the spare three minutes I have each week, but we get them because, well, we ended up on some list at some point after ordering something online, I'm sure. But shoved in among the booklets from Lands End, One Step Ahead and Restoration Hardware are our bank statements.
Sure, we get them online, but they still send us the hard copy. And whether you get both as we do, just receive it electronically or just in the mail, it brings up the issue of reviewing it. Do you? Do you open it right up and check it over and make sure everything looks "right"?
I admit it, my husband does handle most of the bill paying, but I look over the statement. Knowing how much is in there, what checks went in and out of it, what withdrawals were made...all of it is essential, not only to be sure there wasn't a mistake, but also to keep tabs on how that Family Piggy Bank is doing. Going over it is a subtle way to remind yourself of goals, to give yourself pat on the back if that emergency savings fund is growing or you see your debt going down or -- yeah -- give yourself a kick in the tush to get back on the savings track if you've veered off course.
Do you look over your bank statments? How often -- every week online? Every month with paper statements?
by StevensmommaOctober 29, 2012 at 10:34 AMYes of course! Every week and when the paper one comes
by leftyrusselOctober 29, 2012 at 10:59 AM
Yes I do. Just last week I found a $200 check had been cashed. I didn't even know it was stolen. I had my vents cleaned out in my house. One of the workers stole a check out of my desk. From the bottom of the checks. So I wouldn't have even figured it out for a long while. I check often. This is not the first time. My debt account has been hit twice. Beware! Check often!
by SisteractOctober 29, 2012 at 11:02 AM
by MDWife12October 29, 2012 at 12:29 PM
No, I do however check my account every other day at minimum to make sure nothing funky is going on :) I usually end up checking it several times in ONE day LOL :)
by suziejaxOctober 29, 2012 at 1:59 PM
yes an actually about to today
yes i check it . do not allow it to sit . want to know . a heads up to you all .my daughters account over drafted . she was on pay pal they took two payments of 60 . or more . the fact she did not spend anything . they over drafted her account . they said they would put the money back the next day . but they did not put it back until three days . the charges caused the account to overdraft . and the charge from the bank .32 dollars was not replaced . now shouldn't it have been ? not her fault . i told her to talk to the bank they might give back the money but she will not . shame to cost you money when its not your fault .
November 13, 2012 at 1:41 PM
I love online banking.
by hhhannaNovember 13, 2012 at 5:14 PM
Yup, comb them with a fine tooth comb. We look at them online about every day or two.