Make sure you balance your checkbook. I know it can be tedious work, but it must be done. Every time you make a withdrawal or deposit make a note in your checkbook. Depending on how active your bank account is I would suggest setting aside time to balance your checkbook once a week, once every two weeks, or once a month.
If you don’t keep it balanced you risk bouncing checks or over withdrawal and that will lead to fees. Fees can range anywhere from $20 to $60 for a bounced check depending on the bank and what type of account you have. Over time the bank may raise their fees for your account if you continue to bounce checks, or they may cancel your account.
Banks may also report an over-withdrawn account to the credit bureaus and this negatively affects your credit score, which can lead to higher interest rates on credit cards, loans, and it will be harder to be approved for new lines of credit.
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