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Chapter 2. Getting the Figures to Match > Learning to Reconcile Your Accounts t...

Learning to Reconcile Your Accounts the Old-Fashioned Way

Okay, I admit it: There is really no need to balance your checking account by hand. With all of the software and online options available, the ability to maintain your balance with pencil, paper, and calculator is no longer required.

Nonetheless, knowing how to balance your account the old-fashioned way has its advantages. Even if you never plan to do the math yourself, it is valuable to understand what's happening as the software chugs away, so you can more easily resolve problems when they occur.


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