Tuesday, September 30, 2008

Tips In Banking

1. The main key in having an account anywhere is checking on your account daily. If not able to, then you need to do so frequently.

2. Sign-up either by banking by phone or on-line banking with your bank. Both of these tools should be FREE of charge with your bank.

3. You can also keep a log or a type of spreadsheet of all your purchases. Meaning from buying items in the store to paying bills, whether setup automatically or not, you need to keep track of your own expenses.

4. If having trouble with keeping track of what you spend throughout the day, then you should try and keep your receipts from purchases made. I actually have 3 complete shoe-boxes with nothing but receipts in them. This is going to come in handy during instances when you worry and at the end of the year tax time.

5. Another option, if have troube with keeping track with bills and expenses, then you should think about opening an additional account. For example, you can have an account for bills and one for leisure activities. Most banks have it setup if you’re an existing customer, that you can open another account for free with just a low initial deposit. Then you would know exactly what your money is being spent on and be able to track it if necessary.


1 comment:

Anonymous said...

Hi

These tips about Banking are so better and there are so many people getting knowledge through it.