Keeping Track of Credit Card Purchases

My wallet is made to hold both my checkbook and register as well as my cards. When using the debit card I just enter it as a check without the check number (but with the date) and subtract it from the account. It makes it doubly easy to monitor purchases when going over my bank statement.


When using the credit card, I add a little CC to the transaction description and subtract the amount from the account immediately, adding it to a running CC total in the bottom margin. That way I never overspend and always have the money to immediately cover the total credit card bill. It helps me stay disciplined and makes the credit card a tool rather than a temptation.

Since one reason that I keep a credit card is in case I ever have to use it for an emergency, I also round up each amount, which over time has built up a healthy emergency savings in my CC accounting. I have never felt any urge to tap into this since the comfort of knowing that it is there is worth more than any impulse purchase.

By Jeanne from Florida

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May 23, 20060 found this helpful
Top Comment

I also do this with my credit card. The only reason I even use it is because it's a Disney card that earns points towards Disney dollars. I use it for everything I can - gas, groceries, home improvements, every purchase possible, utilities (phone, cable), insurance and even medical payments - to earn the points, but I write each and every transaction into my checkbook register as if it is a check or debit purchase. To separate it from other transactions, I enter it as DIS and do all those entries in red.


When time comes for the bill to be paid I can reconcile the transactions against my statements easily because all the transactions are in red, the money to pay the full balance is already accounted for so I pay the balance off and I NEVER carry a balance .. all this plus I'm earning points toward our Disney vacation this summer that can be used toward our hotel or park tickets among other things!!

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By Diana (Guest Post)
May 24, 20060 found this helpful

Why not use a debit card that gives the same benefits use a visa check carad issued from my banks and get points when I use it as a credit card (no pin number entered but it is deducted from my checking account)

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January 22, 20180 found this helpful

I use my "1-2-3" credit card for everything, even small amounts. Never use an ATM card as that is too dangerous. A check is used only when nothing else will be accepted. All receipts for that credit card are entered each evening in a check register used for that card only.


That way I know what and where I charged things and can check off all the entries when I get my statement at the end of the month.

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January 7, 20220 found this helpful

I always put my main credit card in a different spot in purse instead of wallet. That way if you lose your wallet or its stolen, you still have your main c.c. All receipts of purchases I make in stores that day with my debit card are put in my wallet. Then when I get home I record in my check book register. Then receipts i need to keep i put in certain drawer to save! Don't let cashiers put receipts in with your purchases in bags, you tend to misplace or forget.

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