My Dad said: Save 10% Give 10% Budget the rest. He also taught me to save for what I wanted, to pay cash, and to balance my checkbook every time I got my monthly statement. I've followed all of his advice with the exception of balancing my checkbook each month. He was a very wise man/CindyH.

Question: How often do you balance your checkbook. And do you balance it to the penny, when you do?