Tips for Organizing Your Bill Paying
Paying bills is one of those tasks in life that nobody really wants to do, but it’s definitely necessary. It’s also important to pay your bills on time so that it doesn’t affect your credit rating or require you to pay extra fees or penalties.
One way to make sure you pay your bills successfully is to follow the Bills in a Box system. A few tips on how to set up such a system include:
- Use folders to separate bills by the month in which they are due.
- Use a calendar for the year to write due dates for bills on the right days.
- Sort through your stack of bills once per week - try to pick a regular day.
- Note when each bill is due on the calendar and file it in the right folder.
- Spend some time once a month writing out all the bill paying checks in advance - you can post them later if you don’t want to pay too early or are waiting for income first.
- For bills that can be paid through online banking, instead of writing a check you can schedule them online in advance, and they will be automatically paid on the date you want.
This entry was posted on Saturday, September 13th, 2008 at 5:24 am and is filed under Bills & Bill Paying. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
