Today I want to talk with you about the importance of establishing a love affair with your finances. With the rapid growth in technology there are a lot of apps and gadgets that aid in helping us keep accurate banking records. But wait…think about this…how would you keep accurate bank records if those apps and gadgets no longer exist?
1.) Record all transactions in you checkbook register – This helps you keep track of how much money you have at all times!
How To Balance A Checkbook – wallethub
2.) Mail in bill payments every once in a while – This gives you a refresher on how to accurately write out a check as well as the experience of purchasing stamps and actually taking a trip to the post office!
3.) Get in the habit for paying for purchases with cash – Paying for your household and other purchases in cash is a great tool to help you not overspend!
4.) Review your bank statement monthly for accuracy – There is a wealth of information on your bank statement you should take a look at ever month!
Bank Statement Definition – Investopedia
5.) Establish a relationship with the employees at your bank – Getting to know the associates at your bank not only creates a customer relationship but is extremely important and provides a great deal of perks.
How To Get A Bank Loan For Your Small Business – Black Enterprise
Do not solely rely on technology to track your finances rather it be business or personal. Create a love relationship with your finances, stay in the know about what is going on with your financial affairs. How you handle your money spills into how you handle other affairs in your life. If you love yourself you, love your money they same and strive daily to maintain accurate bookkeeping records.
Until the next time….