Author Box
Articles Categories
All Categories
Articles Resources

How Often Do You Check Your Bank Accounts?

April 03, 2012 | Comments: 0 | Views: 195

How often do you check your bank accounts? It's okay, you can be honest. I promise not to make fun of you. My promise in return is to share with you on how often I check my bank accounts. So, do you check 'em once a day? Twice a day? Once a week? Once a month? Fortunately there is no right or wrong answer here. It's your banking, time and money, so do as you please.

I like to check mine typically once a day. Two or three times on paydays. Typically I wake up, wipe the drool off my face and log into my online banking to start my morning off right. It gives me a peace of mind to make sure the money is still there, the right withdrawals happened, deposits are in place and that there is no funny activity. After checking my money situation out, next I take a sip of coffee (which has already been prepared for me by my fancy coffee maker) and log in to see my blog stats. Totally double the pleasure.;)

In some ways you can say I'm addicted to my blog stats and online banking accounts. However, there are good reasons to log on to your online banking accounts more frequently than not:

Playing the Game of Error Catching

You work hard for your money, and the last thing you want is your money or someone else taking advantage of your hard earned money. We're all human and we make mistakes, and so do the computers. No system, policy or procedure is perfect. The only way to catch errors is to view your accounts often enough. Logging on once a month won't do the truck I assure you.

The annoying part is that you have to keep checking your accounts for someones accidental errors that could possibly be costing you money. Errors are made all the time and the only way to reduce the errors is by keeping tabs on your banking accounts.

Motivation 101

I'm not sure about you, but I get motivated after logging into my online bank accounts. Coincidentally I get the same feeling after logging into my blogging stats. It gives me that extra 'umff" and the 'OK' that I'm doing something right.

Whether it's debt, savings, RRSPs, TFSAs or other investment accounts, you too will get motivated when you see those numbers moving in a direction that you want. Seeing those amounts go up little by little every week, or your debt go down down down, is some powerful stuff.

Take today for example. I logged in this morning and saw that my RRSP account made it over the $2,000 mark. It turned me on and inspired me to write this mini post. I'm proud of my mini bi-weekly contributions and seeing a nice round number like that makes it all worth while.

It doesn't matter who you bank with, whether it be a large financial institution such a Discover online banking or your local credit union online banking you can always get inspired. The beauty of saving money (and never touching it) is that it only moves in one direction - UP!

I'll be honest here, I'm not trying to burst your bubble, but saving money and never touching it is an acquired skill. The faster you grasp it, begin to do it and breathe it every day - the more savings you'll acquire faster. You're probably thinking right now; 'Give me some cool-aid that this guy is drinking, because this is obvious' and I agree with you, unfortunately I don't have any cool-aid to share with you, because I ain't drinking any. I'm buying this simple idea now and have been for the past....almost two years now. I just wish I bought into this simple idea long ago.

So that's why I check my accounts every single day. I like knowing what my money is up to, and I want as much motivation as I can get. It only takes 30 seconds of my time and the motivation is priceless.

So, back to you: How often do you check your bank accounts?


Source: EzineArticles
Was this Helpful ?

Rate this Article

Article Tags:

Online Banking


Bank Accounts


Banking Accounts


Online Banking Accounts


Saving Money

The 3 Month Payday Loans is most suitable options for the people who do not possess assets. There are a variety of loan options for the people who are willing to pledge assets against the cash

By: Cameron white l Finance > Personal Finance l July 09, 2013 lViews: 560

For many people, bankruptcy can make their world fall apart. The apparent loss of reputation coupled with the inability to take financial decisions can deter anyone from thinking clearly. But all is

By: noragwilt l Finance > Bankruptcy Lawyers l November 18, 2012 lViews: 303

If you are availing payday loans with monthly payments, it is easy for you to obtain quick money from online lending companies.By getting the best deals of loan, you can save money in terms of

By: Malen Cheks l Finance > Loans l November 16, 2012 lViews: 289

Loans online have become the popular source of income and people can make smart decision of taking it.Now, don’t go anywhere and sit in your home silently. Such deals would bring you money without

By: Marsh Jone l Finance > Loans l November 13, 2012 lViews: 288

Loans for the unemployed would let you feel comfortable with your unstable conditions due to jobless period.If you compare the rates of a few lenders, you would definitely get the suitable lender to

By: kelse roy l Finance > Loans l November 13, 2012 lViews: 467

By taking cash advance for bad credit, it is easy for you to improve your credit status. This loan is useful to relieve financial stress. This loan is totally free from credit verification and

By: Honard Nork l Finance > Loans l November 09, 2012 lViews: 300

Don't listen to the hype, Tax liens are NOT a way to get property for pennies on the dollar - almost all good tax lien certificates redeem. But tax lien investing is the best way I know of to invest

By: Joanne Musal Finance > Wealth Buildingl April 26, 2012 lViews: 166

The need to seek professional help for managing finances has always been around as far as financial planning is concerned. The main reason for this change is the rising interest of people and

By: Clive Keramin Sobergl Finance > Wealth Buildingl April 26, 2012 lViews: 153

A couple key points to ponder if you are considering how to trade in penny stocks. It is always wise to do some research on this subject before you dive right in with your own money at risk!

By: Lee E Starksl Finance > Wealth Buildingl April 25, 2012 lViews: 161

Financial freedom isn't hard to achieve. It doesn't require any more hard work than is required to struggle from paycheck to paycheck. It doesn't require you to be any smarter than you are now when

By: Frederick W. James MDl Finance > Wealth Buildingl April 24, 2012 lViews: 185

Anyone can make money online. It is important to be savvy about your time spent online and your security on the net. If you wish to make $50,000 per year, then per work-hour, your time is roughly $17

By: N. Kamell Finance > Wealth Buildingl April 20, 2012 lViews: 162

Saving your money is a great way to store up cash for future needs. However, if you are looking to set up a nice retirement fund for your golden years, your savings will probably not be enough. In

By: James U Hammondl Finance > Wealth Buildingl April 19, 2012 lViews: 162

Discuss this Article

comments powered by Disqus