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We contacted financial and banking experts to determine how often you shouldcheck your checking account balances.
How Often Should You Check Your Checking Account?
You should make a habit of checking your banking account weekly to review the details and your spending.
This will ensure that you have the funds for upcoming bills while reviewing previous transactions.
Its easy to get caught up in life and not realize how much money youre spending.
You dont want to overspend or go into overdraft because you didnt make the time to review your balance.
Moser elaborated, It might make you think twice before you make an impulse purchase and encourage savings growth.
The experts agree you should review your checking account at least once weekly to ensure everything is on track.
This will help you stay on track and ensure youre not overspending.
Any Possible Mistakes
Merchants can and sometimes do accidentally charge customers twice for items, Lieberman said.
So, checking transactions limits your risk of getting victimized by an error.
You should review your transactions to ensure that theyre all accurate.
You dont want to find any issues after its too late.
If youve been tracking your spending and budget as you should, your numbers should match your balance.
Your daily and weekly spending habits will dictate your savings and whether you reach your financial goals or not.
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