Organize Your Bill Paying To Avoid Stress And Worry

Organize Your Bill Paying To Avoid Stress And Worry

Organize your Bill Paying to​ Avoid Stress and Worry
Bills can create headaches and cause stress for all of​ us .​
They all seem to​ come due at​ the​ same time,​ and there never seems to​ be enough money to​ make ends meet .​
Factor in​ the​ time involves writing checks,​ addressing envelopes and hunting down postage stamps,​ and it's a​ chore many of​ us would gladly relinquish .​
But with some simple planning and organization it's a​ task that can become easier and less stressful .​

The first step is​ to​ establish a​ central location in​ your home .​
Make sure all the​ tools you​ need are in​ the​ same location: an​ inbox or​ folder to​ store incoming bills,​ pens,​ postage stamps,​ envelopes,​ your checkbook,​ a​ calculator and your computer if​ you​ use financial software or​ online banking services .​
Then when the​ time comes to​ sit down and pay the​ bills,​ you're not left hunting and searching for that lost light bill .​
Develop a​ list of​ your bills that includes the​ type,​ the​ average amount,​ how you're billed (online,​ through the​ mail,​ or​ by automatic deduction from your bank account) and the​ due date .​
If your utility bill tends to​ stay the​ same from month to​ month,​ notate that on​ your list so you​ can easily determine how much to​ budget .​
File this list with your other tools .​
During this process you​ might have discovered that your due dates are scattered all over the​ calendar,​ which can make paying bills in​ a​ timely fashion difficult at​ best .​
Contact the​ companies and see if​ they'd be willing to​ change your due date to​ more closely adhere to​ your payment schedule and to​ more closely coincide with the​ due dates of​ other bills .​
Online bill paying is​ a​ great way to​ not only save money on​ postage .​
If you​ choose to​ be billed electronically,​ it​ can reduce the​ amount of​ mail you​ receive and have to​ file .​
Since most payments post to​ your account quicker than a​ bill paid traditionally,​ it​ also allow you​ to​ correct a​ bill paying mistake quicker and avoid problems as​ a​ result .​
Most banks offer online bill paying services,​ and many companies have bill paying options online .​
It's probably a​ good idea to​ consider paying bills twice a​ month,​ or​ each time you​ receive your paycheck .​
Scheduling bill paying as​ a​ regular task will make it​ easier to​ deal with and will decrease the​ chances of​ missed or​ late bills.

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