The Perils of Automatic Payments
The convenience of automating your bill payments is obvious, however, if you don’t keep track you may end up spending more than you want. Always audit any automatic payment system.
The convenience of automating your bill payments is obvious, however, if you don’t keep track you may end up spending more than you want. Always audit any automatic payment system.
Bill notification is less of a problem today. This was written back in 2015 and 90% of my bills are now electronic. I still have issues with email losing bills, but that is easily fixed.… Read More »Bill Notification Overload
For those bills that you cannot get delivered via e-mail, scan bills that you receive hard copies. Make sure your images are backed up too.
If you automate your bill payments make sure you pay yourself first, making sure you build up your savings as well.
Having a shredder or access to one, is an important part of your financial world. Shredding old documents needs to be done, often.