1. Why do you think it's important for someone to review their checking account statement every month?

Explanation:

It is just as important to balance your checking account and credit cards to the bank statement each month. While it may be an extra step, it allows you to spot problems with your account and it can prevent you from overdrawing.Reviewing your account statements can help you identify ways to save in fees, particularly if you are paying excess savings transaction fees. If you bank with a credit union or customer owned bank, your financial institution will provide you with a list of handy ways to reduce the fees you pay each month.