Make Your Finances Automatic

If you haven't automated your bill paying you really need to start doing this.

By using an online automated bill pay system you can make sure you never miss another bill due date again.

I have been doing this for several years already and have never missed a payment.

(late bill payments are a great way to ruin your credit score.)

Here is an example of how I handle bills I don't know the exact amount I will owe that month. For my credit card I normally pay the whole balance every month. But to be sure I don't miss at least paying the minimum requried I always pay $20 automatically everymonth. That way if I forget to pay the whole amount I am at least covered for the minium payment.

Thanks

Luke

Automate Your Bill Pay

If you have not yet automated at least some of your bill paying you are really missing out on a great debt and time management tool.

Many people think it is too complicated or will take too much time to set up.

Granted it does take time to set it up to start with but once it is set up there is no more forgetting about paying your bills.

I have almost all bills on automatic bill pay. Right now I only have to write out one check per month and that is for my condo association dues.

(The fastest way out of debt is to create Multiple Streams of Income)

I always check once a month to be sure the bill pay program is working, so it is not totally automatic but it sure helps.

If you are writing out lots of checks every month you need to look into automatic bill pay.

If your bank doesn't offer it, switch to a bank that does