Do you pay your bills late? Lose track of bills? There are some simple tips to make sure you never overlook a bill again. Pick the tips that will work for you.
~ Set up Automatic Bill Pay to Pay Your Bills On Time
Setting up automatic bill pay is an easy way to ensure bills are paid. You can set this up either through the biller or through your bank. The most important thing to remember with automatic payments is that you need to make sure that there is enough money in the bank to cover the bills. Keep a list of which bills will be withdrawn, the approximate dates, and the estimated amount. You may also decide to keep some extra money in your account to cover any errors.
In most cases, you can set it up to receive an email before your automatic payment is withdrawn. Check the amount when you receive the email to avoid unexpected large charges. At the same time, double check your account to make sure the funds are available.
~ Pay Your Bills On Time by Paying Them When Received
You will find it easier to stay on top of your bills if you pay them as soon as you receive them. Taking care of it right away avoids the situation where the bill gets lost in pile and forgotten. If you pay your bills once a week, have a set location for keeping your mail and pay all bills the same week they are received. Put paid bills in a separate file or shred them if they are no longer needed.
~ Use Google Calendar or Outlook to Remind You to Pay Bills On Time
If there are bills you have trouble remembering, set a reminder for yourself in a calendar application such as Google Calendar or Outlook. You can set up a reminder that will automatically recur each month. Choose a date that is a couple days in advance of your due date. When the date rolls, you will receive an email, text message or other alert to remind you to pay.
~ Change Your Date and Never Forget When a Bill is Due
If you have bills that are due at different dates, consider calling the companies to find out if you can change your dates. Some credit card and other companies will allow you to change your date. If all or most of your bills are due on the same day each month, it is easier to keep track of your bills.
Paying your bills on time is important to avoiding late fees and interest rate increases. Many people pay their bills late because they don’t have a system for keeping track of bills. By picking and sticking to one of these tips, you can stay organized and never forget to pay your bills on time.
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