Helpful hints and Featured Articles to keep your monthly bills organized:
Getting your family's
monthly bills organized and paid is a chore that everyone in America
goes through month after month. Ultimately a lot of families are also
trying to budget their monthly bills as well as just paying them. The
2007 -2011 recession has hit middle income families hard. Budgeting has
become a serious issue during this current recession. Middle income
families just don't and can't spend money like they used to.
How to keep track of money
is one of the very first steps that need to be taken
click here for more.
It's January which means it's that
time of year to start thinking about ways to save money. I'm so obsessive about
expenses that I have already had my wife download the our yearly expenses into
Quicken and had her categorize them into monthly bills. If you don't have
Quicken or any other commonly used software program my advice (i.e.: if you are
obsessive like me..) is to download our free monthly bill spreadsheet
calculator. You can find it by
As usual all of my yearly expense
average about what they did last year. I do have a few that are out of whack.
CLICK HERE TO READ
If you are like me you probably
receive around 50 to 75 pieces of mail from the post office every month. Most of
this mail is junk. However, within those 75 pieces of mail are the envelopes
that you are looking for – your bills.
It used to be simple…
CLICK HERE TO READ
The 2nd step to getting your monthly bills organized:
If step #1 is to
get all of your monthly bills in one location what is the 2nd step?
Overwhelming isn’t it? You have finally found a method to gather your monthly
bills in one location, at least for this month, and the pile… it just looks
If you are using the snail mail method of gathering your monthly bills then you
probably had to dig through a pile about 5 inches thick of junk mail just to get to
your bills that are due...CLICK HERE TO READ
If you use your bank to pay the bills online make
sure you delete unused bill pay locations.
If you are like me you pay as many bills as
possible online. But after years
of having the same bank account and years of collecting "bill to" locations
I have a bunch that look like duplicates. I actually tried to pay my
mortgage the other day by applying the payment to an old credit card
account. Both were through Chase Bank and one sat under the other one. I
hadn't used the credit card account in years so I just deleted it to keep
the same mistake from happening again. Then I deleted all the unused
accounts just to make it more organized and easier to navigate.
I find myself logging on all of the time to check
to see if I have bills. Do I have OCD?
No you do not have Obsessive Compulsive
Disorder (that we know of) you are just overly organized. Here's an easy
tip... Just set a reminder to check your BillsOnly account on the 15th and
30th of every month. Checking it twice a month will allow you to pay your
bills on time without the OCD stigma.
What do I do when I pay off a particular credit
card, I'm still receiving statements?
Do not delete them, save them in the
appropriate email folder! These incoming email statements become your
permanent record and allow you to go back and research what charges and
payments took place. This also forces you to open your incoming email
statements to make sure that no charges have been applied to your credit
How do you know that you have paid that bill?
There is a simple way to organize which bills
have been paid and which bills have not been paid. Simply create subfolders
under your "inbox" (for a "how-to" see our
features page) such as "Electric," "House"
or even "Paid." As soon as you pay that bill move the email from your
"inbox" to the subfolder mark "Paid." If it is still in your inbox you know
you need to take action.
Hint: I like the BillsOnly service but I
don't check it much how can I keep from getting a late notice if I don't check
This is an easy one, when you set up your
BillsOnly account we automatically forward all of your BillsOnly email to
your current email address. If that email address is cancelled just let us
know and we can forward your bills to another address. That way you never
miss one. You will actually have two copies of your bills, one at your
convenient email address and one at your permanent BillsOnly email address.