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Darn Error

March 12th, 2015 at 06:33 pm

Darn. I made an error last month inputting the paycheck into our excel sheet. I flipped two numbers around. I input $3759, instead of $3579. I thought I had an $180 more than I really had. I remember it seemed a little odd when I was paying bills and had more than expected, but I sure wasn't thinking it was not correct!

I found the error today when I was balancing the checkbook. It took me awhile to figure it out, since I could tell all the transactions were correct.

Do you balance your checkbook?

8 Responses to “Darn Error”

  1. all4money Says:

    At least you caught it before it caught you Smile I balance my checkbook everyday #thestruggle lol

  2. MonkeyMama Says:

    Bummer!

    My checkbook is always reconciled. With an electronic register and finance software it just automatically reconciles when I download data.

  3. doingitallwrong Says:

    I don't 'formally' balance my checkbook but I keep tabs on my balance and upcoming bills/checks in an Excel spreadsheet.

    A quick trick for when your balance is off -- divide the difference by 9. If it's evenly divisible (like your $180) it's usually a transposition error somewhere.

  4. creditcardfree Says:

    doingitallwrong, yes I know that trick...it still took me awhile to find my transposition! I love tricks like that.

  5. scfr Says:

    Yes, I balance my checkbooks, but periodically, not daily.

  6. snafu Says:

    Like MM, my numbers reconcile automatically with electronic register and download to a financial program. The numbers are important to me as I also track a self directed retirement fund and our non retirement portfolios. DH is more a 'head in the clouds,' esoteric professor when investments are under review.

    Would you like Mint.com or one of the free financial programs? They give lots of opportunities to do 'what if' financial messing around. Wonder if it would be helpful in choosing your next home...

  7. FrugalTexan75 Says:

    I don't balance my checkbook - mainly because the only check I write is my rent check. Smile
    I do keep track of my spending/income in YNAB though - but don't worry too much if it doesn't exactly match bank balances. If I were living paycheck to paycheck, then I probably would worry more about balancing to the penny.

  8. rachel021406 Says:

    I write everything in a register. And I balance it once a week. Writing it down lets me know where I am at.

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