I was at a party the other week and others shunned me for not balancing my checkbook
? First who uses a checkbook anymore besides old women at grocery stores? and why must you waste time making sure that your debt and credits match up each month? The quick answer is that you don’t. It is 2009 and we are still teaching our kids how to balance their checkbook. Once again our education system is 20 years behind the times. Thanks to programs like Quicken or even better the free online program to manage your money Mint.com you never have to “balance” your checkbook again.
It is very easy to do. You just setup an account at mint.com and then add all of your account information for checking, savings(don’t get me started why there is still a difference between savings and checking, but that’s for another post). You can even add your retirement account info. After you have everything setup all you have to do is make sure that your purchases are correctly posted. I recommend using your debt/credit card over cash to help keep track better, unless you are going to the strip club and you don’t want your wife or girlfriend to find out about it
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