![]() ![]() If you’ve just turned over a new “I’m-gonna-balance-my-account leaf” read on…Īfter you’ve been recording your transactions for a month or two, come back to this page and we’ll start balancing. If you are balancing a brand new account for the first time, skip to #1 below. (Again, if you’ve just made the resolution to start keeping track after years as a non-balancer, you won’t yet have a balance to add it to.) If the money is going into your account (all deposits put in checking, all refunds from debit card purchases that you’ve returned to the store, or interest earned) you write the amount in the “Deposit Amount” column and add it to your balance in the far right column.(If you don’t have an exact balance, skip this part for now.) If the money is coming out of your account (you’re writing a check, buying something with your debit card, taking money out at an ATM, or if you have an overdraft fee) you write the amount in the “Payments or Other Subtractions” column and subtract it from the balance in the far right column.Write who you’re paying on the white line and use the shaded line below it to keep a record of what you’re buying.(If you’re using a debit card to pay for something just write Db in this area.) In the check number column of the register, write down the check number from the upper right corner of your check.(Go grab it… it’s in the box with your checks and we always have extras at our branches.) If you’ve never balanced your checkbook before, and you’ve had your checking open for a while, start writing all your transactions in your register today. Keep reading… all the stuff below will apply to you except the “I-don’t-know-exactly-what-balance-I’m-starting-out-with” stuff. You’ll add in deposits you make, debit card returns you take back to the store and interest you earn. You can add in your first deposit, and subtract checks you write, fees you incur, and ATM withdrawals you make. If you are just starting out with a brand new checking account, this process will be easier. Whether you’re starting a new checking account or starting to balance an old checking account If you hate carrying a bulky checkbook around, ask us for a debit card register. Here’s the key… use the checkbook register to write down every penny that goes into your checking or comes out of your checking. We don’t want you to have that problem, so let’s figure out the best way for you to keep track of exactly how much money is in your checking account. ![]() (Which is a pretty lousy way to spend your money, don’t you think?) Unfortunately, those are usually the ones who end up having overdraft charges. You’re in the majority since most people don’t do it. Most Americans don’t know how to balance a checkbook… gasp! If you’ve never balanced your checkbook before, you may think it’s too tedious or too late to start. ![]()
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