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Anatomy of a bank account statement

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Checking & Savings:  Your monthly bank account statement gives you a detailed review of the activity in your account for a specific period of time. It's your best opportunity to make sure your records match the bank's. Check the statement When your statement arrives, look near the top of it for the starting and ending dates -- the period the statement covers. Get your checkbook register and be prepared to match up every debit and credit on the statement with your register. It's crucial that you review it in a timely fashion because if there are any discrepancies you ne...

on November 12, 2009 0

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How to Avoid Bank Fees

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Money Saver:  You should know that some banks steal money from their customers. But pay attention, that they usually do it in a legal way. We hope that this article will help you to avoid such bank fees and not to become a bank’s victim. 1.  An overdraft fee is one of the most popular fees encountered at a bank. It can be very high – $40 each.  These could be on checking accounts, and severely on savings accounts. Keep track of your balance very closely to avoid this fee. Check your balance every time before using your credit card or writing a check. 2.  Having encountered...

on September 2, 2009 0

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