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How to Pay Your Bills on Time

July 11, 2015

Have you been receiving late payment notices? Well, the time is now for you to pay bill on time. Apart from not receiving any not notices, you will be able save some money from paying on time. This is because you won't need to pay extra for your late payment charges.

Organize your bills - Using a folder or a shoe box, separate out your bills from the rest of the post you receive monthly. This will keep you from losing them or forgetting to pay them. Set a reminder on your phone to cover the bills which require immediate payment. If you're not into gadgets, create a reminder in your calendar.

Budget for bills - Set aside money for your bills each week or whenever you receive your receive your paycheck. Do this for all the bills you receive monthly, quarterly and annually. Doing this will save you from worrying and from borrowing money when the due date comes. If you have two or more jobs, ask your service providers if you can pay monthly. 

Record all the payments you have made - Keep all your bills and mark them as paid as soon as you have covered them. Don't forget to include the date of the payment. If you use your cheque to pay, take note of the amount and the recipient of the payment.

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