Working at the bank provides many benefits, and one of them is that it’s really easy to keep an eye on my bank accounts. I can just pull up our checking accounts, credit card, and mortgage all with the click of a button. We keep our savings account at ING so I have to log on to another site to be able to check our savings accounts. I noticed that I check our bank accounts with our main bank a lot more than I do our savings accounts because it’s much more convenient. After I checked our checking accounts for the sixth time today, I realized that maybe that was a little obsessive. 🙂
When I didn’t work at the bank, I checked our checking account about once a day. I would check off the transactions that posted to the account and then check the balance. It worked very well for me! Now I check our checking accounts at least a few times a day. I think I probably could cut that down to once a day!
With our savings accounts, I check them roughly once a week. We have a few different accounts at ING with different purposes, so some of the accounts don’t change as much (emergency fund) as some of the others (car insurance fund). I think that checking the savings accounts once a week is reasonable.
With our mortgage, I check that online about once a month to make sure that the payments have been posted correctly. Of course, the mortgage doesn’t change as frequently as the other accounts so it’s nice to not have to keep close tabs on that account.
When you have more bank accounts it’s more to keep track of. I think as long as you work out a system that works for you, that’s the most important part.
How often do you check your bank accounts?