I hear you on that one. I'm on my Mom's checking, advancing age is robbing her of some skills we take for granted. I was doing it once a month, but since I found some entry omissions I'll start reconciling at least bi-weekly.I don't do mine enough
im the same way. i dont have hard checks. i can make echecks or use debit. i pay every bill online including rent.Honestly...I don't balance it. I do online banking and every transaction I do is available to see once I sign in to my account. I hardly ever write a check because I use on line bill pay....
I second that for Mint.com, I enter things on a daily basis. We worked very hard a few years ago to become debt free (Exluding the Mortgage). we budget everything and now all the bills are paid for normally buy the 5th in the begging of the month. Budgetting is really the Key. without a budget do you really know where you money is going?I never balance my checkbook but I always have a good idea of how much money is in my accounts. I use mint.com to keep track of all accounts. It's great for budgeting.
.....Seems like I never have enough money to make all the bills though. Trying to find a new technique.
As I seldom write a check, 8 of them last year, and I use Quicken software and post all transactions to it to track all direct payments, debit and credit expenses. I haven't manually balanced a checkbook in years, but check my accounts daily, mark transactions when cleared and do automated balancing monthly. Many years ago due to "never having enough" I developed a "budget" system that fit me and it started out with deciding what were wants and what were needs.Balance monthly but check daily!