Whenever you write a check, round up when you record it in your register. For example, if you write a check for $72.35, round up to $73.00. Not only does this make it easy to add and subtract, you will end up at the end of the month with a bit of bonus money. You can keep this in your checking account for a cushion to prevent bounced checks. Or you may put it into a savings account. Or just use it for a special treat you otherwise would not be able to enjoy.
By Kathy Y.
I don't like to pose an argument, but I work in a bank and when customers may have a problem in balancing their checkbook and they use the round up method, it is more difficult to find the error, like if they had forgotten to record a transaction. If you are doing the round up method just be wary in your calculations. (11/08/2004)
I agree with luckylange. I know a lot of people who swear by the "rounding up" system. For me I have no clue how they are ever able to balance their checkbooks! This system would confuse me totally.
So in order to have that same "cushion" I routinely set aside $5 or $10 a week to be transferred into savings. That way I have the same cushion that the rounder-uppers have without the confusion in my checkbook. (05/08/2009)
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