Online Banking: Just Do It

I’ve used online banking for about ten years now, while I managed finances for a household and two businesses. In that time it has been necessary for me to visit a physical bank only a handful of times, while the other thousands of transactions were done from home, or wherever I was.

Unless you’re living without electricity or Internet, it’s a sensible way to do it. My accounts are all reconciled and balanced several times a week; when Bank Statements become available, they’re just old news to me, since I’ve been paying attention all month long.

And for travel, there’s no comparison. I spent a year and a half working in Mexico for clients in the United States. My clients would receive my emailed invoice, and with a few clicks, pay me. When the funds cleared, I withdrew pesos from an ATM. (more…)