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How To

How to Keep Your Check Book Balanced

Member
By cwengre
User-Submitted Article
(7 Ratings)

Having a properly balanced checkbook can keep you from over drawing on your funds and can help you better manage your money.

Difficulty: Easy
Instructions
  1. Step 1

    Starting with your registry. Write in any time funds are withdrawn or deposited.

  2. Step 2

    Even though transactions may take place in your account at different dates then you actually make them, it is important to write in the date in your registry of when you completed the transaction.

  3. Step 3

    When you receive your bank statement, check off items in your registry that are on your bank statement.

  4. Step 4

    Add together any items that are in your registry that have not been checked off. Add this total to your ending balance. This should match the balance on your bank statement.

  5. Step 5

    If the amount is different go back and recheck your math and your entries. If it still doesn't match check with your bank for assistance.

  6. Step 6

    Its helpful to indicate in your check registry when you balanced your account. When you balance the next time you will have a reference to the last place your account did balance and you will have a starting point to review for your current statement.

Comments  

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on 9/26/2009 Good article on keeping your check book balanced. If you do it each month when your statement comes in, and follow the above steps, you can keep your check book balanced. 5*

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on 9/7/2009 Nice article. I also check mine online in between statements.

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on 7/14/2009 Very good information. thanks for sharing.

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on 6/30/2009 Thanks for the tips, keeping your checkbook balanced is very important, it can keep you out of trouble! 5*

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on 6/3/2009 Great advice! Still trying to convince my friends to balance their check books...will have to forward this to them! 5 stars

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