Why You Should Keep Track of Your Financial Accounts, and How

Photo by Wei Ding on Unsplash

I keep spreadsheets on everything, including my financial accounts. I also regularly reconcile my accounts, which means making my spreadsheets match what the statements say. There is a technique that I have developed of checking-off each transaction in the spreadsheet so that the reconciled balance matches that on the statement. This provides a backwards-looking confirmation that the…