You will have fewer transactions to comb through if you balance once a week or once every two weeks. This is one of the reasons it’s a good idea to balance your checkbook more often than once a month, especially if you are newly adopting this financial task. The only way to discover the error is to go back to the last time your checkbook was balanced and work your way forward. Perhaps you forgot to record a transaction or you transposed a couple of numbers. So what do you do if your numbers and the bank’s numbers don’t align? That’s when it’s time to backtrack through your records and the bank’s transaction history to see where the discrepancy is. If they match, then you have a balanced checkbook.
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