Instead of writing checks or preparing other mailings a few times a week/month, do it all at one sitting and date the envelope when it has to be mailed. Keep all the envelopes together in order they are to be mailed. This works great for birthday cards or other greeting cards.
By mkymlp from NE PA, USA
When that day arrives, I know to mail that envelope, so seal it and mail it. I don't mail until then because I don't want the funds drawn out of my account until necessary, allowing me to draw interest on that money, not the company collecting my check.
If it is a credit card I am paying the bill with, I simply put that bill in the slot on the day I am to call and pay that bill. When the call is completed, I make a note on the bill of the day it was paid, the amount, and confirmation number along with the persons name that took payment. I then file the paperwork knowing it has been paid and it's out of my way! Works for me!
Source: Learned from lady I used to work for.
By kk22kk22 from Ft. Collins, CO
This method reduces paper clutter, postponement, late charges, etc. I am a Senior citizen and have used many different methods, but to date this is the best one yet! I am able to shred the bill and not have it laying around the house.
By Carol from Wyoming, PA
Take the folder for the next weeks bills and everything is ready to go. I place the completed weeks empty folder in the back so the next weeks bill folder is in the front. It just takes a few minutes to file it all away and there is no scrambling to figure out what needs to be paid.
To take it one step further, put the folders in a small file box. The Week 1-5 folders are in front and each bill has its own folder for paid receipts in the back. Everything is in one place and you never have to search to see if you paid a bill. It's all right there. You can also have a file for your stamps.
By Gramama from ID
I mention this only because some of the people who visit this site are coming because they are in the same situation.
If you go to a credit counselor, make sure they are certified and non-profit. Also make sure that they are not trying to get you to sign another loan on your house. Some outfits are simply mortgage companies. The people we work with (GreenPath) are certified, nonprofit and they are also certified HUD counselors. All of this makes it easier to deal with the creditors. The phone calls have stopped. We shop at Aldi's for food and we shop at Thrift stores for over half of our clothing (I rarely find clothes for my tall son at thrift shops, the best I can do is clearance at landsend.com and oldnavy.com. I can never find his size at brick and mortar stores.)
1st of month House payment
10th of the month insurance payment
This really helps keep track of auto debits because it is easy to screw up your balance if you forget that an auto debit posted. Also, when you pay regularly and get into a rhythm like this it becomes easier to know how much money you are going to need later in the month so you know when to quit spending.
By wendiesioux from Indiana
By Louella from Billings, MT
I am looking for suggestions on paying bills and budgeting. Does anyone have any ideas on how to remember when bills are due and keep track of them?
To help me pay my bills on time, I put them in a drawer that I open often. I write the date due on the envelope, and stack them with the earliest date on top. This helps me pay on time.
By tuppermern from Pittsburgh, PA
Electric 6/18 7/18
Rent 6/18 7/18
Cable 6/18 7/18
Credit Card 6/18 7/18
I don't put the amount because I can look back in the ledger to see it. The size of the paper is sufficient to last the whole year and I write small so it's easy to read. It's easy and I can tell at a glance if and when I paid bills. (06/18/2009)
Like so many others, I'm cautious about paying bills automatically, since my paycheck can be very erratic. But this does work for me! (06/21/2009)
I used to use a sheet a month in a steno book and check it off with info, but that was when I wrote manual checks and mailed them out. As the bills came in then I put them on top of the steno book as a signal bill needs to be paid so sit down and do it. If you write all checks manually you can do it early and the spot where the stamp goes you can write the date it needs to be sent out so you won't mail it out late, not the due date. Keeps stamps paper clipped to the book for fast mailing out. (06/23/2009)
I have another way to get bills on time. If you have a small file folder with pockets place the bills there when they come in or you get electronic billing (jotting down amount and due dates for them). The dividers are labeled 1 thru 4, 8 thru 14, etc with last one taking to 31st. Place the bills in the file according to the date they should be mailed out, not due date. Then force yourself to set aside few minutes each day to look at current week like when you are having morning coffee or something that is regular part of day. Pull out the ones that need to be going out next day and get them either ready then or to do later on, but important part is to do them that day you pull them out. I used to do that too until the steno book seemed easier for me. (06/23/2009)