How to use a check register
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Part of responsible financial management is good record keeping. Online Banking can always be your “go to” when it comes to monitoring your transaction history and knowing your current account balance, but it’s just as important for you to keep a hard copy of your finances for your own day-to-day records. Here’s how to use a check register to keep track of your daily expenses.
Once you get in the habit of tracking expenses, it should be easier to keep your checkbook balanced. The problem most people run into is overdrawing their account or “bouncing” a check. And bounced checks incur overdraft fees. The best way to avoid it is to stay on top of your account balance and keep good records. You also can set up overdraft protection with a Chevy Chase Bank Student Line of Credit or by linking your Chevy Chase Bank Savings account with your Student Checking account, in order to advance funds automatically when you need them. You may pay interest on the outstanding balance of the Student Line of Credit or pay a small fee when funds are transferred from your savings account for overdraft protection, but either expense is usually less than an overdraft fee.
Good habits: