This is not a nesessity but it is something I have done everyday for at least the last 10 years... and I am making it a tip of the day because I just spoke to a business owner who had some serious banking issues. Most banks have an automated phone number you can call and access your bank account. I do this everyday. I check which checks have cleared, what has been automatically deducted from the account, when deposits are made accessible, etc... Everyday at 2 pm I check this and it takes about 5 minutes. I know what is in the bank to the decimal point at all times. I spoke to a business owner who bounced a bunch of checks - he could not figure out what was going on. He went through a nightmare trying to figure things out...ended up a former employee stole a book of checks and ran around town and cashed over $2,000 in checks. The first check was for $50 and the other bogus checks were not written until 4 days later. If he was checking it daily his former employee (who is now in jail) would have only gotten away with $50. Like I said, not a necessity but nice to do if you have the time and want the peace of mind.