Comments on: 3 Surefire Methods to Paying Your Bills On Time

By: Clint Pear

Clint Pear — Tue, 14 Dec 2010 06:34:29 +0000

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By: Elliot Sornsen

Elliot Sornsen — Sat, 23 Jan 2010 08:41:25 +0000

What a excellent post.

By: rebecca

rebecca — Sun, 27 Apr 2008 10:28:10 +0000

I use method no 2 and do all my banking on-line, i set the payment date on the day the bill is due. This means the person is not earning interest off my money by paying it early. It also means that i can forget about it once i’ve dealth with it. Of course you need to make sure there is a bill buffer in your budget.

By: Carnival of Personal Finance #147: Q1 Financial Advice Edition | Personal Finance Blog by Money Ning

Mon, 07 Apr 2008 15:06:15 +0000

[…] Debtbeater from DebtBeater lists 3 Surefire Methods to Paying Your Bills On Time. The way I make sure the bills be paid on time is to pay them when I receive notice of […]

By: veronica

veronica — Sat, 05 Apr 2008 02:23:47 +0000

I use a hybrid of methods 2 and 3. I get paid biweekly; one check is for bills and general life, and the other is for rent and any small extras (sadly, I live in an area of extremely high rents). When I get that one check for bills, I write its amount in my check/transaction register and then subtract all of the amounts of the bills due payable for the month. I’m lucky in that most amounts are the same (or close to it) from one month to the next so I don’t have to guess at those amounts. If anything, I overestimate, so unpleasant surprises are rare.

Mind you, this doesn’t mean the bills are paid — just that they are earmarked. So when each bill finally does come in, I schedule an online payment through my bank. Credit card payments are scheduled to be made as soon after the bill is received as I can do it. Bills for the cellphone, cable, electricity, and the like are scheduled to be made no later than a week before the payment is due.

By: Frugal Dad

Frugal Dad — Fri, 04 Apr 2008 16:23:28 +0000

I was late paying a water bill the other day because it got stuck to the back of another bill and I forgot to record it in my spreadsheet. The late payment made the $19.22 water bill $22.22 - doh! I know it’s only $3, but it just kills me to pay stupid tax.

By: tehnyit

tehnyit — Fri, 04 Apr 2008 13:26:23 +0000

we tend to use method 3 most of the time. Most of our bills are issued quarterly, so we make an estimated monthly payment into our account. When the bill is received, we usually have to just pay a little bit more to cover any shortfall. This works for our cash flow as well.