Is balancing your checkbook still a thing?

Oh My Dollar!

Balancing your checkbook- is that an adulting skill you should have? What exactly is a checkbook? Do you still need to do this? What is the digital equivalent? We answer your hot questions about checkbook balancing, how to do it, and whether or not it matters. Lillian goes also on a bit of a rant about how antiquated the US financial system is.

In our mailbag are two listener questions: Tomas shares his debt payoff victories, and Don tells us how his wife negotiated to be moved to a W-2 employee from a 1099 contractor as a nanny. Don asks how a nanny can get a retirement account and a transit benefit.

Thank you to our two listeners, Tomas and Don, who wrote in to share their stories!

Links mentioned:

An old school guide to balancing your checkbook (PDF link)YNAB or You Need a Budget, Lillian's fav personal finance budgeting (+ reconciling) toolBitches Get Riches "How do you write and cash checks? Asking for a friend"The IRS guide for Caregiver + Nanny BenefitsPlease come join us

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