There are several things you can do to make the task of paying bills seem like less of a chore. For example, online bill-paying is fast and convenient. Not only do you avoid the hassle of writing checks and sealing the envelopes, applying stamps and filling out your return address (or adding that return-address label), you also save the time and money that would have been required for a trip to the post office for stamps.
Several utility companies and suppliers of regular services (insurance, for example) are happy to set up automatic withdrawals. Keep an eye on your account to make sure transactions are put through accurately and as scheduled. You can usually set up a withdrawal limit with the bank, too, to head off any potential errors.
Some services can be pre-paid, giving you extra control over budgetary concerns. If you have provided your kids with cell phones, the pre-paid variety are an ideal way to keep their calls and text messaging in check, and head off some expensive surprises!
Have a reasonable budget and stick to it. Bill paying is far more frustrating when your resources are over-burdened. Try to live within your means and plan ahead for those regular expenses. If you can set aside a little money in a reserve fund, in case unexpected bills do pop up, that stashed-away cash can really come in handy and help reduce potential stress. Continue reading ‘Sound Tips For Budgets and Online Bill Paying’ »