Doing a 4-step 'financial inventory' on my money every month means I don't make mistakes — and save hundreds of dollars

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• I made a financial resolution for 2020: Make fewer mistakes with my money. To do that, I do a four-step "financial inventory" every month.
• First, I go over my credit card statement with a fine-tooth comb and identify frivolous purchases I didn't need to make. That helps me avoid overspending the following month.
• Next, I check for overdraft fees, fund my retirement account, and look for mistakes others have made (like unauthorized credit card purchases).
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The biggest resolution I made for 2020 was to make fewer mistakes with my money every month, like overspending on things I don't need and overdrafting my account. 

For many years, I let my finances run on autopilot, paying my credit card bill monthly and contributing to my retirement account once a year. I hardly spent any time checking for mistakes or making sure I was balancing my accounts to fight overdraft fees. See the rest of the story at Business Insider

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