Sometimes it is the simplest things that will help you organize your life.
And sometimes it takes a bit more effort.Even I have not perfected my bill paying system. Yes, I am admitting that I am not perfect. Don’t tell my husband.
My problem – when a brand new bill comes in. Not only do I have to remember to put it in my calendar (and categorize the color as yellow), but I have to remember to set up the bill paying online. Some companies or banks take a few days to set up, and that is where I sometimes hit a snag.
Oh and I don’t usually sign up for paperless billing for credit cards and the mortgage. That’s just a personal preference.
Here are a few easy bill paying steps:
- When any bill comes in, I open it over the garbage. This way any unnecessary papers go in the trash and I just keep the actual bill. You may want to keep the envelope if you’re planning on mailing your payment.
- File your paper bills according to due date. If your process is to pay bills two times a month, then file your bills from the due dates 1-15 and 16-end of month. If you pay your bills weekly, file by week.
- After you pay a bill, write how payment was made (and how much if not paid in full) on the statement.
- File the paid bills and keep for one year.
And here are a few items to make it easier:
Of course you can ignore everything I have said, sign up for paperless billing, automatic bill pay and head to the park.
I’ve tried that, if you’re a control freak like me, it doesn’t work.