The closest grown-ups come to reviewing a month’s diary entries is their bank statement.
(click on the bold-faced vocab words:))
A bank statement documents a month’s transactions— when? who? how much?
The balance of the account will tell me how much I have to play with next month.
This diary is not selective. The good (interest payments), the bad (purchases), and the ugly (fees) are shown.
I double check to make sure the transactions are my own. If not all are kosher, I call the bank!
How did I manage $50 at Walgreens?? Oh yeah, tampon and chocolate sale. My hips wish it was someone else who had bought AND eaten that chocolate…but it was me!
Next month I’ll be better, promise!
(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)