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Check Your Bank Statements Every Month – George Herald

Check Your Bank Statements Every Month – George Herald

In this DebtSafe article published by George Herald, consumers are warned to check their bank statements often. Wikus Olivier, Debt Management Expert at DebtSafe says the easiest way to notice any strange amounts going off your accounts, is to plan debit orders for more or less the same time each month.

DebtSafe says scammers get hold of people’s money by taking less than R99 off someone’s bank account; a person will not get a notification on their smart phone for this amount and the only way to check this, is to check your bank statements every month.

“Consumers must take control over their finances and take responsibility for any strange amounts going off their accounts,” Wikus says. “If you update your budget monthly, and you check it against your bank statements, you will know exactly what goes on in your finances. Keep track of your spending through the month.”

Wikus gives useful tips to keep your bank statements in check.