What can I do to help me remember with paying my bills on time? There are some companies out there that will help you keep track of your obligations for you, but before you use one of them, I have some easy suggestions to try first. After all, why should you spend your hard earned money on a service that will do what you can do on your own, free of charge? This is what I had to do to help me remember with paying my bills on time, so I didn't ruin my credit score and payment history.
Make a List:
Get all of your obligations written on a piece of paper, along with the dates these items are due each month. This is the first step to help you remember paying your bills on time, so you can avoid late fees and penalties. Be sure jot down a general idea of what the amount is you normally pay for each of the items on the list, too. This will come in handy as you separate the payment dates. Be sure you also include any obligations that are not paid monthly, like insurance policies. Double check to make sure you did not forget anything. As you make a list to help you remember with paying bills on time, it's important to make sure you have covered all of them.
Alter Irregular Payments:
If you want me to help you remember with paying bills on time, you will want to make irregular payments, perhaps quarterly insurance payments, more regular. Most companies will now allow you to pay each month. There may be a small fee involved, generally $3 or less per month for billing this way. While it will cost you a few bucks, if you are looking to get help to remember paying bills on time, it's worth the small investment. For other payments, like homeowners, see if you can get the payments in escrow, so it's easier to remember them and you can avoid the monthly installment fees. If you cannot, suck up the installation fees and know that it's a small price to pay. If you are at risk of ruining your history, change companies if needed. Being late on payments has a major impact, so when you need help to remember paying your bills on time, it's important to take it seriously.
Divide and Conquer:
On your list, you should have the approximate dates your payments are due. To help you remember with paying your bills ontime, you will need to break them all into two separate chunks, assuming you get paid either bi-weekly or semi-monthly. If you have too much money in one or the other set of payment, move some around. Try to make the general total amounts due about the same. Make sure, however, that you avoid paying late fees by shuffling items due later into the early payment section, and not the opposite. In other words, you will be paying them early. Even if you won't have the exact amount due on obligations with variable amounts, you can still use this method to help you remember with paying bills on time. Simply make copies of previous statements for all of your accounts, so you have the address and phone number handy, along with a general idea of the amount.
On Payday, Every Payday:
Every single payday, without fail, you must sit down and write out your checks for your monthly obligations. This helped me remember with paying my bills on time and it will work for you, too. By having a list you will always follow the same pattern, making it easier to remember. Since you may not have the most recent statement, be sure to use the copies of your prior statements and pay a little more than normal. For example, if your phone bill is normally $75 monthly, pay $90, just in case you made more calls than you realized. This will help you make sure you get help with remembering and paying your bills on time, so you don't underpay on your accounts. NOTE: Even if you have automatic payment withdrawals, be sure to write in the amounts in your check register each and every payday, so the money is there. This really did help me to remember with paying my bills on time.
A Built In Savings Account:
Here's the beauty of this method: When you do this, assuming you get paid every two weeks, you can "skip" a round of bills completely every six months. This is because you gain a few days each month, since 2 pay periods are 28 days long, and most months are 30 or 31 days long. I personally suggest making your skip periods the first payday of June (just in time for summer) and December (for Christmas shopping). When you do this to help you remember with paying your bills on time, you need to be sure to pay the round of payments that you skip the next time around â you don't skip them and do the same payments two times in a row. NOTE: Make sure any automatic payment withdrawals will be covered. You need to plan accordingly in the beginning, so the timeframe works out right, when you use this method to help you remember with paying your bills on time.
Organization is going to be key with this. It will help you to remember with paying bills on time, as long as you keep yourself organized, so you don't lose track. I would suggest, at the minimum, getting a folder together where you can keep your master list of the two groups of payments and the copies of any statements you have. This will help you stay on top of the payments, since it will all be available in one easy to use place. It will help you to remember with paying your bills on time, as long as you allow it to. Be sure you take the extra steps to keep yourself organized and on top of your finances. You will be rewarded with a much better payment history this way! It's a great way to help you with remembering to pay your bills on time.