Over the last five years, the technology behind our finances has been moving a mile a minute. Online banking and online bill pay have replaced paper checks. Have your tracking methods changed as well?
We have been told that we need to balance our checkbooks for decades. This common advice is given with the best intentions. We are told that by tracking our transactions, we are protecting ourselves from overdrafts and ensuring nothing unauthorized happens in our accounts. That is true, but there are better ways to do all of that.