I just realized that I never balanced a checkbook nor do I even know what balancing a checkbook is! I always heard that it was very important to balance my checkbook but I never bothered to figure out what the difference was between my checking account and my credit card transaction list since I can log onto both online and see all the transactions. Therefore, I did a bit of research on the topic and hereâs what I found: Balancing a checkbook is to make sure our records matches the banks sin