How often does Gen Z balance their checkbooks? (percentage, visa, mastercard)

[Malloric]

Originally Posted by 1ondoner

What's a check book?

Right. Millennial, never balanced a check book as that's stupid. If you need to budget, the make a budget. It's useful now and again to sit down and analyze your expenses to see what you're blowing money but balancing a checkbook? Boomer stuff. Most boomers probably don't anymore either. Why would you waste time writing down all your transactions in a check ledger when you write a few checks a month if even that.

[treasurekidd]

I'm Gen X at age 53 and still keep a check book, though I haven't written an actual paper check in many years. I keep the checkbook, no checks just a register, and write down deposit, debit and the occasional cash ATM cash withdrawals as if they were checks. I keep track of day to day transactions on the paper, and only use my banking app to verify and make sure the paper is to the penny. And no, no one will talk me out of it lol.

[kj1065]

Originally Posted by treasurekidd

I'm Gen X at age 53 and still keep a check book, though I haven't written an actual paper check in many years. I keep the checkbook, no checks just a register, and write down deposit, debit and the occasional cash ATM cash withdrawals as if they were checks. I keep track of day to day transactions on the paper, and only use my banking app to verify and make sure the paper is to the penny. And no, no one will talk me out of it lol.

I still write them, but not often. I just paid my annual car registration with a check. It was my best option. Paying with a credit card comes with a surcharge.

[Grlzrl]

I am young boomer. I still balance my checkbook. I used to be a financial analyst. I write about 7 checks a month give or take, service providers, gifts, etc. I do not give anyone access to my account to auto pay bills. I do pay most of my bills online but some vendors won't take bill pay. I balance two or three times a month.

[springfieldva]

Gen Z is between the ages of 10-25. I would imagine that most older Gen Zs use debit cards and pay any bills online.

I would imagine that Millinneals do the same thing,

[Moonlady]

Boomer here - I stopped balancing my checkbook sometime in the 90’s when my credit union (with a tech company) set up electronic access using our ATM card and a terminal at work. I’ve pretty much stopped writing checks all together. All bills are set up on autopay online, I use apps like Venmo and Zelle for person to person transactions and I even bit the bullet and paid a $1 “convenience fee” to let the county draft my checking account for the taxes last year - the only thing I’d written a check for previously. I can see a running total of my credit union checking account online anytime and usually check it and any credit cards daily. I’m not sure why anyone would need to balance a checkbook manually these days.

[lookingaround12345]

Personally for me I check my hour glass to remind me to get my abacus out and balance my checkbook.

[kj1065]

I don't "balance my checkbook" any longer, but I do reconcile my spending whether by check, credit card, or cash against my planned budget. I would hope everyone does that at least once a month.

[Moby Hick]

Originally Posted by kj1065

I don't "balance my checkbook" any longer, but I do reconcile my spending whether by check, credit card, or cash against my planned budget. I would hope everyone does that at least once a month.

Look, I floss most days and do my taxes on time. But there's no way I'm budgeting to that level of detail. If the balance goes down unexpectedly, I'll have a look.

[Veritas Vincit]

I didn't know people ever did this, but I guess it makes sense if you grew up before the internet. Having done online banking pretty much since I graduated high school, it's never occurred to me. I also never had so many moving pieces financially that I felt I had to keep a spreadsheet or something to keep track of it.