Malachi 3:8 – “Will a man rob Yahweh? Yet ye have robbed me”

 

Tips: How To Pay Your Bills On Time

Paying your monthly bills on time is easy. Organization and setting time for administrative tasks are the first steps to always being on time with your monthly payments.

Between mortgages, credit card bills, rent, utility bills, student loans, cable bills and more.

Fortunately, paying all your bills on time each month is rather simple when you break it down.

 

 

Writing down your bill cycle is the 1st step. Your budget should include all of your bills, expenses, and income. Include the due dates for your bills and your income schedule (example; weekly, bi-weekly, monthly).

Some of your bills will likely be due earlier in the month while others will be due later in the month.

Organize your bills in the order that they need to be paid.

 

 

Use a file folder or a planner to track your bills. Label each folder with the type of bill.

keep the bills in the area where you usually write checks or pay your bills online.

Have at least one folder for your bills and invoices and another folder for receipts and payment confirmations.

 

 

For some people, managing a variety of bills and due dates is no problem.

 

 

Create a calendar

Creating a separate calendar for bills could help you organize the financial obligations. I personally set reminders on my cellphone.

Mark specific days each month to pay your bills.

 

 

Change your due date

In order to pay your bills on time, you need available funds to cover the cost. If your due dates don’t align with your flow of income, you might have difficulty avoiding late payments.

This issue simply resolved by changing your due dates. If you have an installment loan, such as an auto loan or personal loan, your odds of changing the date could be favorable.

 

 

The payment amount for this type of debt is the same each month, so the lender could be more lenient.

Contact the customer service department of your lender or credit company to request the change.

 

 

Automatic payments

Automated bill pay is another good option to manage monthly debts. I personally only do this for my spouse credit card.

For added convenience, some companies allow you to choose the payment date, payment amount; a bi-weekly, semi-monthly or monthly payment schedule.

 

Before you sign up for automatic payments, there are a few things to keep in mind.

First, find out if the service is free or costs money. Second, make sure you choose a date for the withdrawal that fits in your existing bill calendar.

And finally, ask what needs to be done if you choose to stop automatic payments in the future.

 

Conclusion

If you’re having difficulty paying bills on time, you may want to consider trying a new routine. Start with a few small changes at first and see what works best for you.

I made it a habit every time my paycheck hit my bank account to immediately pay ALL of my bills at one time (some were paid 2 weeks early). This way I was never late on making payments.

I know everyone isn’t in the position to do this but if frees up your money believe it or not.

One paycheck pays bills and the other you get to keep! At least this is what happen to me.

Every other week, I put $500 up into savings until I reached $10,000.

At the end of the day, create a budget, pay bills on time and stick to it.

 

 

 

DISCLAIMER: I am not a financial adviser. This site is for educational purposes only. It is imperative that you do your own research. I am sharing my opinion from personal research and experience with no guarantee of gains or losses on investments, finance etc.

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