A Mess Free Life may collect a share of sales or other compensation from the links on this page.
Every morning, as part of my morning ritual, I open my online checking account and look at balances and transactions that occurred from the previous day. Some people may say this is overkill, but I would strongly disagree.
In your past, you didn’t pay much attention to your finances. Checking your bank accounts daily helps to create a good money habit.
By reviewing your accounts each day you ensure several things are happening:
1. Deposits went through as planned
2. Bills were paid according to schedule
3. No fees were incurred
4. Allows you to make changes to scheduled bill pays
5. Monitors scheduled automatic drafts
6. Allows you to spot suspicious activity and report immediately
7. Allows you to check the status of checks you’ve written
If the thought of doing this daily seems overwhelming, I get it. I understand this may seem like overkill.
That’s ok.
Start out by making a commitment to check your accounts weekly and build up to daily monitoring.
If you really want to commit to this good money habit, schedule it into your planner. And, if you’re using your smartphone or Outlook, schedule it with an alarm so you really become acutely aware that you need to take the time to go and check your balances.
Remember, you’re getting reacquainted with your money and paying attention to the details, all the details you ignored previously.
These habits will have a cumulative effect helping you gain a better understanding and handle on your personal finances.
Additional Resources
Save Money By Fixing These 5 Costly Money Leaks
