Keep Track of Bills Without Wasting Paper
You might have a tough time figuring out how to prioritize bills. Every April, there’s a lot of talk about how you can become greener. One way to do so is by eliminating the paper trail that bills tend to leave behind. According to eBill Place, Americans could reduce solid waste by 800,000 tons a year if they used online bill pay and eliminated paper statements. Here are a few ways you can become “greener” with your bills.
Keep All Your Bills In One Folder
Have one folder on your computer for invoices and bills to make it easier to keep track. If you still print out paper or receive paper statements, you should consider using a file folder where you keep everything. Think of your one digital folder as a file folder. You wouldn’t leave it in plain sight on the desktop, would you?
If you want to separate your folders into different categories, you can do that as well. Be sure that these folders are not connected to any cloud storage solutions. Back up these folders on either an external hard drive or flash drive.
Set Reminders for Bill Due Dates
Get out your computer or phone’s calendar and pick a specific day each month to pay your bills. This will force you to sit down and pay your bills. Also, create a digital note of when each of your bills is due each month. Keep it in a location you frequent (like the documents folder or your desktop) for easy access if you don’t remember when something is due.
Find a Service to Do Most of the Work for You
If you don’t have enough time to manage your bills, you can find many sites or apps that will help you keep track. MoneyStream allows you to set up bill pay and manage your money. It will analyze the bills that come out of your account each month and automatically add them to your calendar.
Set Up Auto Pay
Many businesses that you deal with most likely have an auto pay option available. This is great because it will allow you to spend more time on things other than bills. While it is a great service for monthly or quarterly bills that are consistent, be careful about using it for any credit cards. Most times, you will need to go in a few days beforehand to decide what type of payment should be deducted. You don’t want it to deduct a full balance, and be stuck with a declined debit card!
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