Don’t forget to check out my previous blog from April 8th where I talk about organizing and decluttering your receipts.
Have a place where you keep all your bills. One consistent place. Let me repeat: one consistent place. Don’t change it; keep it the same place so you know where your bills are. How many of you reading have lost your bills!
My first tip is to open your bills. Next, check your credit card statements and bills! I have found errors and also discovered when the pizza deliveryman was adding a credit card tip on top of the cash tip we gave him. You would be amazed at the number of people who don’t reconcile their credit card and bill statements each month. Do it!
I encourage you to open your bills as soon as you receive them, so if there are issues, you can correct it immediately and still have your bills paid on time.
In my household, I pay the bills. If you are married or sharing a household, I suggest leaving it to one person. Make sure you have a system that everyone can easily use. Maybe you take turns every other year so not one person is in charge of paying the bills forever.
Choose two times a month to pay bills. Most people do it on the 15th and 30th but do what works best for you. Two times to pay bills monthly should have you covered.
Establish a set place for paying your bills and find a place to store your checkbook, pen, stamps, and envelopes. Return them to the same place every time you use them.
Tips: Put your account number or your insurance number when paying by check so if your bill gets separated, your check can be applied to your account.
Mark Tax with a colored pen in your checkbook, or make a checkmark so you can easily find tax deductions.
Electronic Bill Paying
Many companies have moved to accept online payment and this can also save you money with no more stamps and usually time.
As with paper bills, you need to set up a system.
I suggest setting up an email address dedicated to bills only. email@example.com
In some cases, such as with my mortgage, you can designate the day and amount where your payment is deducted. Bills such as electric or gas that usually vary from month to month usually need to be paid. Choose two times a month to pay your electronic bills.
Mint bills is a free app is designed to help people stay on top of their bills by monitoring bank and credit card accounts. If you drop to a dangerously low bank balance or a bill is coming due, it’ll let you know.
For a fee, you can use FileThis to link with your all online accounts and get a complete overview of your accounts: Banks, Wealth, Health, Auto, Utilities, Communication, and Retail.
And finally have gratitude when paying your bills, especially if you begrudgingly pay your bills. I always write a thank you enclosed within a heart on my checks. A teller at the bank told me they wouldn’t see it, but I know they would feel it and it is also an important ritual for me to do.
Takeaways from both of the blogs on organizing and decluttering bills and electronic bill paying:
- Create a system for managing receipts and bills that is easy to maintain; Be consistent and keep in the same place;
- Choose two days each month to pay bills; most people do on the 15th and 30th, coinciding with paydays.
- Have gratitude when paying your bills, especially if you really dislike paying them.
How do you organize your bills? Do you prefer electronic or paper or a combination of the two? What steps do you need to take to organize your bill-paying and electronic bill paying?
Go out clear the clutter to create the life you choose, deserve and desire!
DIY Options to Clear Clutter
Purchase Julie’s books on how to clear clutter from your life: https://reawakenyourbrilliance.com/shop/
Subscribe to Clear Your Clutter Inside & Out Podcast https://reawakenyourbrilliance.com/resources-concierge-services/podcasts/self-help-podcast/
Check out more of my decluttering tips and how to get organized on my YouTube channel. https://www.youtube.com/user/SeibertRadio?feature=watch