Managing Your Own Checkbook

You don't usually expect a bank to make a mistake. After all, it is their job to handle your money. However, as with all things, mistakes sometimes occur.

Because of this, it is helpful to think of your bank account as YOUR responsibility. The bank is there to keep your money safe and offer you monetary services, but it is your job to make sure that you track everything that goes in and out of your bank account. You are in charge of investigating your own withdrawals and deposits.

In this topic, we'll learn how to double-check the bank's calculations so that you can be sure that if a mistake is made, it is quickly fixed.

Essential Question

• What are the necessary steps to successfully manage a checking account?