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Pay your bills online,
through auto deduction plans, or use your bank’s free bill pay system to
save the inconvenience and expense of having to write and mail checks.
You may either pay the
bills one at a time or use an automatic payment feature that routinely makes
the payments for you. Don’t use the automatic feature as a way of hiding
from the truth. Use the time you save for your enjoyment or saving money
elsewhere.
We have our credit
cards, all of our utilities and a number of other bills paid automatically.
If we had car payments, rent or a mortgage, they would be automated as
well. We never have to worry about late charges, check fees or postage.
Many credit card,
mortgage, loan, and utility companies have an automatic payment feature.
You provide them with a bank account number and the payment instructions and
they handle the rest. This is free and convenient. Some companies are now
using internet services such as MyCheckfree.com to handle payments.
The most reliable and
secure way to handle bill payment for now is to go through your bank. There
are sites such as PayTrust.com on the internet that you can pay a fee for
handling your bills but most banks offer this as a free service.
As always be aware
of phishing scams and identity theft. Deal only with organizations that you
know and never give out personal information when there is any question of
security. Banks and companies you are already dealing with will not ask you
to verify your information via email. If you need to change information go
directly to the site and navigate from there.
Here are 35 more
great ways to save money. |
