SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (7241)12/17/2005 5:10:47 PM
From: Lane3  Respond to of 541580
 
So one hour per year, less than a full day in 20 years, I can live with that.

Maybe that's the difference. It took me forever to do mine. Never ever came out right the first time.

Now I don't have any bank accounts and I don't write checks so the whole thing is moot.



To: Dale Baker who wrote (7241)12/19/2005 4:32:44 PM
From: TimF  Read Replies (1) | Respond to of 541580
 
I think most people who seriously try to balance their checkbook spend more than 5 minutes a month at it. Maybe you don't write a lot of checks, or maybe you are just very good at balancing.

I agree that you should normally (preferably almost always) have a good idea of how much money you have in your account. However you can have that without actually going through the practice of balancing your book.

I write very few checks. I mostly using electronic payments. I can check my balance anywhere with an internet connection or if I need to at many ATMs.

I don't actually balance my checkbook and make sure everything is accurate to the penny, but I think I do spend more than 5 minutes a month of my checking account. If I wrote checks for everything and I actually tried to thoroughly balance it; I think I would spend more like 5 minutes per day on the process.

Tim