Balancing your checkbook is simply reconciling the amount you believe you have in your account to the amount that the bank statement says you have.

Learn what book balance is, how it differs from bank balance, and see practical examples. Understand how reconciling these balances is crucial for cash flow management.

I used to treat my checking account like a piggy bank. I'd let my balance build up and get super big because I didn't know where else to save money. But then I realized I was ripping myself off, ...