When I first moved out of my parents' house and into my own, I had trouble paying the bills.
It wasn't because I didn't have enough money. I had a good job, and while my checking account was not overstuffed, it was healthy enough to cover my bills.
I just never remembered to write the checks. Or, I would write the checks and not have any stamps. Or, I'd write the checks and have stamps but be out of envelopes.
The bills were always late.
One February, there was a pamphlet in my electric bill about whether or not my electricity could be turned off in the middle of winter.
I got cold chills, even though my electricity was still on.
I had to change something. Since my forgetfulness wasn't likely to change, I started contacting my utility companies. Almost all of them had programs where my bill could be deducted from my checking account automatically, on the due date.
Now, my mortgage payment is never late. My water bill, electric bill, car payment, student loan payment, and a plethora of others are never late, either.
Automatic payments have saved me a boatload of late fees, and they allow me to focus my attention on more important things, like my gorgeous baby toddler kid and my Dear Readers.
I don't use my bank's auto bill pay service. They charge a fee per transaction or per month, and I'm not amenable to paying such a fee.
It was a little more work to contact each company individually, but it was worth it. Not a single one of my companies charges me a fee; the service is free.
Absolutely no charge. Plus, it saves me the cost of envelopes, stamps, and checks.
Automatic bill payment is definitely working for me.
Image courtesy of pfala on flickr
© 2009 – 2018, Tara Ziegmont. All rights reserved.