Tip of the Day June 3, 2009

Balance your bank account regularly

In order for you to have a good idea of how much money is sitting in your bank account, what deposits and payments have cleared, and any errors that you, or your bank, may have made you must balance your bank account. It really doesn't take that long, if you balance your bank account the same day your statement arrives from the bank, each month or quarter. Keep all your banking paperwork (ATM receipts, deposit books, cheque books, statements etc) in the same place so it's easy to find and the job will be done in no time.