Categories: Life Style

8 things to always read on your bank statement

You receive it every month without necessarily paying attention to it: the bank statement. If it is now very easy to track expenses and income thanks to mobile applications provided by banks, this document is still very valuable.

It allows you to review the transactions carried out on your bank account… and therefore to better understand and manage your money. According to Finance for All, you’ll find things like the following on your monthly statement:

In addition, eight essential elements must imperatively be inspected every month upon receipt of your statement. Check them out in our slideshow below.

If the banks send you an account statement every month, you can opt for another frequency. To receive it weekly or several times a month, it will be chargeable.

“You can choose to replace the paper statement with an online account statement (e-statement of account), accessible and stored free of charge on the bank’s website”, specifies La finance pour tous.

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I have been in this field for the last 10 years and my repertoire includes academic catalog, newsletters, university publications, children's literature, real estate, law and religion. I have a Bachelor's degree in English and have done my Master's degree in Publishing from The George Washington University. I also have certificates in Book Publishing and Editing and in Professional Editing.

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