Do you maintain an independent record of your bank transactions? Do you record in a ledger (such as a check register) your debit card purchases, checks written, deposits made, etc. and maintain your own running balance of how much cash you have available at the bank to spend on a given day? Or do you just log into your online banking system and rely solely on the bank to tell you how much available cash you have to spend on a given day?

Provide at least three reasons why you think it would be important for you to maintain an independent check register of all your banking transactions. You can consider your life now but may also want to consider how different your bank account may look as you enter the work force, get married, open a joint account with a partner, etc.