Tips for paying your bills on time

Kirsten H By Kirsten H, 25th Aug 2010 | Follow this author | RSS Feed | Short URL
Posted in Wikinut>Business>Accounting & Finance

If you can't manage your bills and are incurring late fees, this article is for you.


Having bills mounting in a pile can cause anyone to be overwhelmed. Organizing them and paying them on time can make you feel weighed down and stressed.


Put together a calendar when your bills are due. There are choices depending on your preference of calendar. Use a paper calendar and write down when each bill is due. Another choice is an Outlook or electronic calendar. Have a pop-up appointment reminder when each bill should be paid. This will help you ensure the proper funds are in your account before they are paid.

Set up auto-pay

The easiest thing to do is set up your bills to be automatically sent electronically from your checking account. Look at the due date of each bill and set up a reoccurring payment each month. This works best for mortgage payments and car payments that are the same each month. If you find you have too many bills come out the same time each month you can alter the dates. Call up the company and ask if you can switch the date from the beginning of the month, to the middle of the month.

Have bills debited from your account

Many companies work with banks to have the amount due automatically taken from your account. Each month the money will be debited from your checking or savings. The bills will be paid in a timely manner. The other good side you will save you money on stamps.

Pay bills as soon as they come in

When you open the mail set the bills in a separate pile. Organize your desk to have envelopes, stamps and your checkbook. Immediately sit down and write a check for each bill and put them in your mailbox. This will prevent your bills from piling up.

Create a folder

If you have a strict budget and are not able to pay bills right when they come in put them in your bill pay folder. Using your calendar check each week and see which bills are due, pick one day a week as the pay your bills.

Missing a bill

Missing a bill can add up to increased interest rates and late fees. If you miss paying a bill, call the company and ask for the fee to be waived or the interest rate to be lowered. While they will not always accommodate you it is worth a try.


Paying bills in a timely manner is important to keep your credit score high and prevent late fees. Organizing will help prevent the bills from piling up and lift a big weight off your shoulders.


Bills, Debt, Late With Payments, Mail, Online Banking, Payments

Meet the author

author avatar Kirsten H
I am a freelance writer who has written for local magazines and am expanding my portfolio to the web. I enjoy putting my thoughts on paper, or computer nowadays!

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author avatar PhyllisM
25th Aug 2010 (#)

Love the detail you have a lot of useful information here keep up the excellent work

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author avatar Kirsten H
25th Aug 2010 (#)

Thank you!

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author avatar Retired
26th Aug 2010 (#)

great deatails and all so true, easy to do as well.

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