Watching $

I closely watch our checking account on line. A week ago there was a credit of $100 to the account. That was odd but it was an adjustment in the right direction. Before I had time to call the bank, an explanation came in the mail.

It was a simple addition mistake I made on a deposit. It was $ due us and was probably caught when the teller balanced out her drawer or in the Proof Department when the checks v deposits were coded.

It brings me to another idea to share with you. Do you have the capability to watch your $ accounts on line? Do you have an idea what interest your accounts are earning.

I mean your bank accounts. Watching mutual fund investments, government bonds, etc. on a regular basis can be difficult and what they are earning is difficult to calculate except on some websites.

The biggest step to watching your $ is balancing your bank accounts monthly. Other investments should be given a studious review on a quarterly basis asking the question how is my $ growing and is my allocation correct for my needs and risk tolerance.

Banks make mistakes but humans make more. Be diligent about your $.

'til later