Being able to pay one’s monthly bills on time will most likely reflect a perfect credit score. However, as much as some people want to pay their bills on or before the due date, certain circumstances that may affect one’s payment schedule can sometimes occur.
Make a list
Initially, one can sit down for an hour or two and start making a list of every bill that needs to be paid every month. You can jot them down in a clean sheet of paper and post it to a part of the house where you can frequently see it. If your bills are too many to count and are a little bit of complicated, you can use the spreadsheet in your PC. Save the spreadsheet in your desktop and open the file every time you do something in your PC. If you are not the type of person who spends time with the computer in the house every day, find other alternative ways to remind one’s self of bill due dates.
Other alternatives include setting an alarm reminder in your mobile phone for every bill due date. One can also put some marks on the dates in your calendar table or in the wall. Make sure that these marks are noticeable; a good example is using colorful markers.
For the techies, they can use their PDAs and computer programs that are specifically designed for organizing bills like the Quicken and Money software.
Pay in advance
If you already have the funds a week or days before the due date and if you don’t have other purchases to do, why not pay in advance? You don’t only avoid bad credit score for not paying on time but you are also saving yourself the hassle of paying for late payment processing fees.
Check your mail
Companies usually send bill notices a week before the due date. Some send it through the post while others send it through email. If you don’t check your mail that often, get in the habit of checking them regularly. Check your mail box and email a couple of times a week.
Go for automatic billing
Automatic billing, also known as direct debit in the UK, allows companies to take your due bill amount from your credit card, debit card or bank account every due date. Common misconceptions of automatic billing are invasion of privacy and taking more than the due amount. However, customers are protected by the law when it comes to multiple deductions and in reality, companies do not have access to one’s financial records when one is in direct debit.
One thing to remember though when one is enrolled to direct debit is to make sure that one’s bank account has extra funds to avoid overdraft charges when a payment is returned. You can also ask your bank about their overdraft protection programs.
Try online banking
With the rapid pace of technology, there are already a lot of ways in paying one’s bills without the hassle of lining up in payment counters. One good example is online banking. You can simply go online and make payments in the comforts of your house, office or even if you are in a vacation.