mybankstatementanalysis · Blog
Practical articles on bank statements, spending, redaction, and personal finance. Clear answers, no filler.
149 articles
Federal Reserve data on median net worth by age — and why the averages are misleading. Includes decade-by-decade breakdown, what your net worth is made of, and how to catch up.
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Pay yourself first means saving before you spend — not from what's left over. Learn why it outperforms every budgeting method, how much to save, and how to set it up in 4 steps.
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A Roth IRA offers tax-free growth and tax-free withdrawals in retirement. Learn the 2026 contribution limits, income limits, backdoor Roth, 5-year rule, and when Roth beats Traditional.
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A 401(k) is an employer-sponsored retirement account with major tax advantages. Learn how it works, 2026 contribution limits, employer matching, vesting schedules, and how to invest inside one.
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The average tax refund is $3,089. Here's how to allocate it using a smart priority stack — plus why a big refund might mean you're giving the IRS an interest-free loan.
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See apple.com/bill or APPLE DIGITAL SERVICES on your statement? It's an App Store, iCloud, Apple Music, or Apple TV+ charge. Full list of 10 Apple billing codes + how to find what you were charged for.
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See GOOGLE, GP PAYMENTS, or 1600 AMPHITHEATRE PARKWAY on your bank statement? It's a Google Play, YouTube, Google One, or Google Ads charge. Every code explained + how to identify and cancel.
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See MSFT, MICROSOFT, or MSBILL.INFO on your bank statement? It's a Microsoft 365, Xbox, OneDrive, or Azure charge. Every code explained + how to check your Microsoft account and cancel.
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Teller transaction credit means a deposit made at a bank teller — most commonly on Bank of America statements. See what it looks like, how it differs from counter credit, and what to do if the amount seems wrong.
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Landlords request bank statements to verify income and financial stability. Here's exactly what they check, how many months they need, and how to prepare.
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Learn what debt-to-income ratio is, how to calculate it from your bank statement, what lenders consider a good DTI, and proven strategies to lower yours.
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A comprehensive list of financial goals for short-term (0-1 year), medium-term (1-5 years), and long-term (5+ years) — with the SMART framework to make each one actionable.
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