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Pay Online
By Daphne | January 21, 2008
Have you tried saving money in as many ways as you possibly can and can’t think of another?
Do you pay your bills online?
If you pay 4 bills a month online, you will save $1.64 a month. The savings are greater if you pay more bills online. Another benefit to paying your bills online is that they are credited to your account faster. So if you were like me and would wait until the last minute to pay your bills because you forgot, then paying your bills online definitely would help you avoid additional fees.
Think about all of the bills that you have to pay each month.
I have a cell phone, home phone, electric, mortgage, credit card bills, insurance. So each month I save about $2.50. It doesn’t seem like much but that’s a conservative amount. Some recurring charges are billed automatically to my credit card because then I do not have to worry about a late payment because I forgot.
Paying online or having charges automatically billed to a credit card or deducted from your checking account means that you still need to check your bill. I still check all of my bills and then go over my credit card bill as well. Errors happen but if you check your statement often then you will be able to call and catch the error quickly.
Not everyone banks or pays bills online but with the price of stamps and the possibility of lost mail, paying bills online is something to look into. Besides this way you won’t have to order checks as often.
The more bills you pay online the more you save.
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Topics: January 2008 |