How to Bank in the Digital Age
My research shows that people who balance their checkbooks are happier—and others have found that people who bank online check their accounts four times more often than those who don't. (You do the math.) Being able to check financial activity in real time helps combat identity theft and lets you cancel incorrect charges before they get costly. Plus, e-statements are hard to misplace. Buy a zipper-compartment wallet, save your receipts, and at the end of each week, reconcile the transactions with your online statements. You can also sign up with a free personal finance management site like Mint or Manilla, which will display your records from various accounts in one place. Best of all: Your bank might even give you a break on fees for banking online.

—Jean Chatzky, finance expert

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