Quick! Pay Attention!
The step for Day 9 of 31 Days to a Better bank Balance is super simple and only takes a minute or two.
But, it’s not something that you should just do for today and then forget about. Instead, it’s something you should do on a regular basis. In fact it wouldn’t hurt to do it every day.
So what is it? Well, the title of this post is a big clue: today’s step is about taking a quick peak at your bank balance daily.
Most banks allow you to check your balance over the internet. It’s just a matter of setting up a user name and password if you haven’t already. Once that’s done, pop in regularly and poke around in your account. If you’re a smart phone junkie, most of the major banks have apps that will allow you to access your account right from your phone.
Why do I want you to start checking your balance regularly if you aren’t already?
It’s simple. The things we pay attention to stay top of mind. By paying attention to our bank balance, we’re also paying attention to our goal of improving our bank balance. (Plus, you’ll quickly notice any errors, and you’ll also automatically be paying more attention to your spending.)
I get your point and it would be a great help to those who spend money everyday or use a cash card for purchases. A cash system is so much easier. For me, I do the cash envelope plan and try to check my account weekly at the most but want to get back to monthly. Money gets deposited throughout the month and then once or twice a month I pay bills and get the cash I need for the rest of the month. Frequent checking was leading to frequent worry and the less we have to think about money the freer we become.
I agree, people shouldn’t spend so much time checking that they begin to obsess about it…
Plus, you may also be able to spot potential identity theft too.
I caught somone trying to withdraw $2K out of my bank account, just cuz I happened to check it one day.
Since then, I try to briefly look at it daily now
Exactly, and it only takes a few seconds to scan it and check for issues.