Bill-paying day

Posted on May 6, 2013 3 Comments

I’m home sick today with a combination head cold-stomach bug, feeling very lousy on an otherwise beautiful May afternoon. I intended to get some work done, but I’m too foggy to focus on much. So instead, I’ll just keep downing fluids and playing losing at Candy Crush in my pajamas until my head stops trying to explode.

Even on sick days, finances are still top of mind. Credit cards, cable, loans, and phone bills don’t stop coming, no matter how much I want to bury my head in a pillow. Since I only get paid once per month, I’ve lined up all my bills to be paid the week after my check is deposited. That way, I never have trouble making payments and always know where my bank account stands through the course of the month.

It’s nice not worrying about whether I have funds in my checking to cover payments at the end of the month. I pay everything when my accounts are healthiest, set aside savings for the month, and the rest is disposable income. Not only do I pay myself first, I also pay all my bills first, which is really good for peace of mind.

If you have trouble paying bills on time, or it seems like every month you’re having difficulty making payments due to low checking balances, it’s worth looking into moving your payment due dates closer to the date(s) you get paid. Most companies are very amenable to changing due dates.

Now that I’ve paid all my monthly bills, if you’ll excuse me, I need to go make more tea and have a nap.

Category: Money
   Tags: budgeting

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