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How often do you look at your bank balance?
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Every week day for me - I have a spreadsheet which shows all outgoings and income on a daily basis and I reconcile it to this. That way I know how much we have left and how much I can put towards the credit cards!Paying down the mortgage:
At 1 October 2011: £226,000
Currently: £224,499
Aim: 85% LTV (£212,500)
Paid £1,500
Target remaining: 88.89%0 -
Every day for me0
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Having only just signed up for online banking the novelty hasnt worn off so at least twice a day!LBM 10/08 £12510.74/0
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At least once a day.To check everything balances and that if theres anything wrong I can pick up on it straight away.0
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I tend to look at mine once a day, sometimes twice a day if I know that something is due to go out or come in.
Tea
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I check our bank accounts every other day, direct debits all go out at the beginning of the month, since i deal with the family finances i give us a weekly amount for shopping/petrol etc and have a note book where i keep a tally of where the money goes some weeks there is some left over and that goes into a separate pot/savings. So far this is working extremely well and we haven't touched the credit cards in months. Long may it last........
Still working on being debt free by October 2009.MFiT-T7 #17 (Jan 2025) £193k (Apr) £177k (July) £159k (Oct) £
SPC 18 #6 £336.10 (01/09/2025)
Regular Saver (24/25) £2800 (25/26) £
SPC’s (1)£27.19 (2)£728 (3)£1471 (4)£357 (5)£435.18 (6)£1114.92 (7)£1492 (8)£392 (9)£1952 (10)£1866.65 (11)£1177.74 (12)£1445.39 (13)£1608 (14)£603.30 (15)£672 (16)£2563 (17)£1300 (18)£0 -
I'm an everyday type of girl too....Total debt at October 2008: £67,213.30
Total debt today: £0 - debt and mortgage free 29th November 2013 :T
Sealed Pot Challenge member 14
Save £12K in 2014 - £6,521.90/£6K member 138
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mummytummy wrote: »have a note book where i keep a tally of where the money goes some weeks there is some left over and that goes into a separate pot/savings. So far this is working extremely well and we haven't touched the credit cards in months. Long may it last........
Me too - started doing this 2 years ago and have not gone overdrawn since :j best thing I ever did. Because of this I have cleared about £1000 of debt (£2k still to go) and have actually been able to SAVE!:D
Mind you I only check my balance once a week, when I go to take out my 'allocated funds' for the week. As quite a few of the cashpoints in the local area have been hit by fraudsters, and I don't have internet banking, I find this works for me, I also pay for everything with cash, my card only leaves my purse to visit the bank.....;)SMILE....they will wonder what you are up to...........;)0 -
I check obsessively throughout the day, every day.
I like to make lists of what I have available, whats going out and how much I have left to spend.
I find its the only way I can keep in control of my spending but it seems to be workingDebts at LBM £6000 Debts now £1000Debt free 2011Almost thereSealed Pot 09 member 3800 -
i check it a couple of times a week, but keep a record of my accounts which i update when i get my payslip, and then as i spend.0
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