One of the main advantages of keeping and updating a bank draft reminder record is that it is the most effective way of keeping track of your monthly expenses.  Consequently, it allows you to budget much more effectively because you can calculate exactly how much you are paying each month for insurance, utilities, cars, mortgages, etc.  By knowing how much is coming out monthly for these expenses and comparing it to your income, you can effectively budget for food, entertainment, other miscellaneous expenses, and savings and retirement planning. 

The fact that most of us struggle in keeping these expenses straight and budgeting properly is one of the main reasons that we struggle to live within our means and consequently run into debt and other financial stresses.  By filling out a bank draft reminder record, we will feel much more secure about and in control of our financial situation and future!

Bank Draft Reminder Record
File Size: 79 kb
File Type: pdf
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