
Statement balance vs. current balance: What’s the difference?
Your statement balance reflects how much is due at the end of a billing cycle, while your current balance is how much you owe at any given time.
“Just like millions of Americans, I have experienced ups and downs with my personal finances. When I share knowledge and expertise about spending and saving money, it makes me feel good about helping someone who’s in the same situation that I’ve been in. Most of us don’t learn about personal finance in school – we often learn about it through trial and error. It’s my hope that somebody can figure out how to better handle their money after reading my work.”
— John Egan
John Egan is a freelance writer and content marketing strategist in Austin, Texas. He specializes in content focusing on personal finance, real estate and health and wellness. Among the outlets where John’s work has appeared are CreditCards.com, Bankrate, Forbes Advisor, Experian and U.S. News & World Report. He is the former editor-in-chief of the Austin Business Journal.
John has won awards from several organizations, including the Society for Advancing Business Editing and Writing (SABEW) and the National Association of Real Estate Editors.
“Just like millions of Americans, I have experienced ups and downs with my personal finances. When I share knowledge and expertise about spending and saving money, it makes me feel good about helping someone who’s in the same situation that I’ve been in. Most of us don’t learn about personal finance in school – we often learn about it through trial and error. It’s my hope that somebody can figure out how to better handle their money after reading my work.”
— John Egan
Your statement balance reflects how much is due at the end of a billing cycle, while your current balance is how much you owe at any given time.
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