Roughly half of Americans aren’t sure how much money is in their bank account —because they’re too afraid to look. According to a recent poll of 2,000 people, 55 percent admit fear keeps them from monitoring their bank account as regularly as they should. Three in five (59%) often feel an intense anxiety spike just before they do check.
You know what’s coming next…you gotta do it! Not checking your bank account balance on a regular basis can cause you to overspend and accrue overdraft fees, costing you way more in the long run! You’re also not in a position to catch errors in a timely manner, something else that can be costly! Make it a regular habit, the more you do it, the easier it can be!