When is the Bill Due?
It may not be surprise to learn that many of the late fees that ADDer's pay are not because they don't have the money to pay the bill, it's because they simply forgot to pay it!
My first suggestion is to check out the 5 Mistakes To Avoid When Organizing Your Paper. Getting your bills and other mail in order will decrease the chances of you losing or forgetting an important bill.
Here are a few more ideas how to remember your bills:
- Out of sight is out of mind - don't hide your bills in a folder.
- Make sure your bills are in front of you, I recommend using a Bulletin Board.
- Use visual reminders - place a red sticky note on the envelope.
- Plan a weekly time where you sit down and work on finances.
- Make this an ongoing weekly appointment.
- If you remember, Pete and his wife conduct this meeting at a new coffee shop every week.
- This brings fun into financial planning!
- Set an alarm to remind you of your set appointment.
- Set it around 30-60 minutes prior to your scheduled time and then again at the time you have committed to.
- Change the sound of the alarm from time to time, this way you continue to pay attention to it.
Remembering to pay attention is about building routines.
Missing one meeting is probably not going to be a big deal but missing more than one can be dangerous.
Practice this weekly meeting over and over again even on weeks where you don’t have much to say and watch your bills getting paid on time!
Note: The information above are for the bills you still receive in the mail, the easiest way to eliminate the stress of forgetting is to pay your bills with automatic payments. Most institutions have this available.
Thank you for time and attention.