Business Studies, asked by gonzalezkaitlyn245, 7 months ago

how do people keep track of how much money was in their account on any given day

Answers

Answered by pradeepkrverma
4

Explanation:

Debit cards make purchases easier without the need to carry around cash, but tracking your spending becomes more challenging with each card swipe. Joint accounts cause more difficulty in managing balances with two debit card users. Monitoring debit card use gives you a better sense of your available balance to avoid overdrawing your bank account. A system to track debit card spending also helps keep your budget under control. Choose tools that work with your general budgeting and accounting method for the best results.

Answered by Jaswindar9199
0

People can keep track of how much money was in their account on any given day through Mobile applications, Texts messages, Using ATMs, Employ Alerts and Call the Bank.

  • MOBILE APPLICATIONS:- An application provided or a website designed by banks allows you to see your account balance online.

  • TEXTS MESSAGES:- Text message set up by the bank is the fastest way to know the balance without logging in or by any internet connection. By texting, you can request to update the account balance.

  • USING ATM:- By just inserting your ATM card or debit card into the ATM machine and following the instructions given on its screen, you can update your account balances.

  • EMPLOY ALERTS:- Set up alerts for banks to notify you of the information that is needed by you or the problem that may arise. It acts as an impulsive safeguard for the account.

  • CALL THE BANK:- This is the most former method to call your bank for updates. In recent times the most bank has automated receiver which is available 24/7 for any queries related to bank.

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