Like it or not, we all have to pay bills. The process has changed somewhat in recent years, from what used to be a “checkbook, pen & stamp” affair to what can largely now be a “computer & password” job.
Regardless of medium, it still has to be done. The secret is to corral your bills in one location (physical and/or online), and then set a weekly time to pay everything. When we pay bills as they come in, we tend to forget what we’ve paid and what we haven’t. Instead, designate a bill-paying location with any needed supplies, establish a space to hold bills waiting to be paid, and develop a system to note what has been paid.
In the age of identity theft, it is also a good idea to check your online accounts once a week. You may find it handy to perform this task at the same time you pay bills. If you catch a problem early, it is much easier to recover.
How often do you pay bills?
6 thoughts on ““Selfie-Discipline” #11 – Pay Bills”
Totally have a system in place and pay usually bi-weekly. And also have notebook that has all dates when recurring bills are due and check them off monthly as I pay them. Plus I keep my monthly bills (any paper ones) together with my pad. So far so good here with that system in place for me 🙂
I love the idea of having a notebook where you record the dates of when all bills are due. I’ve gotta get onto that!
I STILL USE THE OLD FASHIONED WAY-CHECKBOOK AND STAMP. I HAVE A WRITTEN LEDGER OF WHAT I HAVE PAID AND I HAVE A PLACE I KEEP PAID BILLS FOR TAX RECORDS. I KEEP A BUDGET (ANOTHER VERY OUT OF DATE PROCEDURE) AND I HAVE DONE SO FOR YEARS. IT WORKS PERFECTLY FOR ME.
I think a method that you have used over time and had success with is terrific, no matter the format. What works is the best system there is!
Paying bills on time is crucial to having a good credit. A single bill forgotten might cost you a higher interest rate or even get you denied for credit.
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