Learn how track your bills and stay on top of them every month.
Raise your hand if you love paying bills? I am one of those people who strongly dislikes seeing a bill come in the mail.
I always think to myself, “didn’t I already just pay this bill?”
Who enjoys seeing my money dwindle so quickly – especially when it comes to paying bills? No thank you!
I would certainly love to put my hard earned dough somewhere else, other than bills. Unfortunately that is not the case!
At the end of the day if we want to have our Netflix fix – we have to pay them! 😉
Why it is important to keep track of your bills
It is important to track your bills, so you can ensure that they are always paid on time.
What if you don’t pay your bills on time?
If you don’t pay it on time you may face an overdue fee from the company. Some companies may waive the overdue fee, however, it is important to make sure you pay on time so avoid the fee and the hassle of calling the billing company up to waive the fee.
Not paying your bills on time can reflect your credit score. This may effect making larger purchases in the future. It is always important to have a good credit score.
Want to find out what your credit score is? Click here.
What if your bills are way past the due date?
The billing company may force legal action. You do not want to have a debt collector knock on your door.
What if you’re unable to pay your bill by the due date?
Most billing companies are pretty good and will offer you an extension on your bill. They may offer you an extension for up to two weeks or if you are having financial difficulties they may even offer you a payment plan.
Five Quick Tips to help you track your bills
- Download my FREE bill tracker worksheet. Fill out when your bill/s are due and mark if they have been paid. Stick the sheet up on your fridge or a place in your house, where you frequently go.
- Set a reminder on your phone at least one week before your bills are due.
- Use the bill tracker to track how much money you’ve allocated to each bill.
- Allocate a certain amount of money each week, fortnight or month to help reduce the amount on your bill/s.
- Track your daily expenses. By tracking what you’re spending each day, you will be able to determine what expenses can go and what need to stay. By eliminating what expenses you do not need, you may be able to allocate extra money to the expenses that are important.
Start keeping track of your bills below!
Download your free bill tracker worksheet.
Download your free bill tracker worksheet
Never miss paying a bill! Download your free bill tracker below.