When it comes to understanding complex topics, people are often urged to keep it simple. But when it comes to paying bills, keeping things simple can be complicated.
After all, automation only works if you always have plenty of money in the bank and you keep track of miscellaneous purchases so you don’t overspend. You may also find that a few of your regular expenses can’t be paid with credit cards, such as babysitting or your child’s piano lessons. Some establishments may not accept online billing payments from your bank. It’s hard to bank in the 21st century when plenty of people, maybe yourself included, still live in the 20th.
So if you’re looking for ways to keep your bills organized, here are a few suggestions from financial experts.
Read more: 4 Ways to Better Organize Your Bills via US News
I doubt that paying bills is in on your list of favorite things to do, but they are a fact of life and cannot be avoided.
There also real financial penalties for paying them late, or not being able to prove you paid them at all, even if you did.
Therefore, in this challenge our goal is to organize systems in your home and life to get this job done as efficiently as possible.
Read more: Week #18 Organized Home Challenge How To Organize Bills via Home Storage Solution
Organizing bills is a project that can save you time and money in the long run. While the actual task of organizing bills isn’t exactly fun you only need to think about the money you will save in late fees and service charges to smile.
We are all creatures of habit. Consider our morning routine for getting our day started. We get ready the same way every day. Why? Because it works! When it comes to simplifying and organizing bill paying, establishing routines and being consistent will give you peace of mind as well as a level of efficiency for a recurring task that cannot be avoided.
Read more: Organizing Bills: Creating Good Bill Paying Habits via SMEAD