Posted in budget, Debt management, finances, Payday

Auto bill pay or calendar reminders to pay?

It’s a relaxing Saturday, a small breeze (here in Hawaii we call it trade winds), it’s a mostly cloudy day (mainly due to that fabulous disruption in our beautiful weather that’s causing high temps and tons of humidity), and I’m sitting in our back porch. With nothing else better to do, I asked Siri, “How many seashells does she sell by the seashore?” A list of websites pop up. Then I asked Siri, “How much wood would a woodchuck chuck if a woodchuck could chuck wood?” Response? “Haven’t you got anything better to do?”

As a matter of fact, “Siri, is there anything I should be doing today?” And Siri’s immediate response is to show me my calendar:

  
All the yellow items are books I was planning to be reading but I’m super behind. Green items are bills that are due. “CareCredit?!” I asked out loud to the coconut tree in front of me. Whoa! I’m so glad I added that reminder in my phone! I’m on a mission to avoid bank and credit card fees the rest of the year. I think the bank got enough of my money the first half of the year!

Phew! I was able to get that payment scheduled without any snafus. Now I’m curious if I have anything else due that I failed to input into my calendar. I would mess up like that!

There are some bills on autopay, like tithing, Compassion International, and the electric bill. It means I need to be much more aware of what I spend on due to the need to have enough funds to pay the autopay items. It forces me to be more aware of what’s going on. 

In my current employment, we get paid every other Friday. It has its benefits, but managing for the month by dividing up the bills makes the bill paying much easier. I’m so thankful that I do it all via phone these days. Life is so much more convenient. Maybe too convenient?

My main question is: Auto bill pay or calendar reminders to pay? Which is better? I suppose it all depends on your needs and your bills. Unfortunately I allowed my bills to get out of control, so trying to spend less so I can pay off credit cards is proving more difficult that I imagined.

How do YOU manage your bill payments?

Its a mostly cloudy day
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Author:

Daughter, sister, mother, wife. Most of all, follower of Jesus Christ. Avid reader and amateur book review blogger; WAHM-to-be.

5 thoughts on “Auto bill pay or calendar reminders to pay?

  1. I autopay my insurance payments but anything that can fluctuate I put in reminders. This is because I’ve caught some interesting charges before. It’s an opportunity to inspect my bills and adjust our habits or chat with the company if needed.

    1. Thank you your suggestion! Autopay was something I used to always do when I was single. Now that we’ve married and made one bank account, I’m skeptical of it will work. I’ve heard of couples making a bank account specific for paying bills. This is another option if like to look into.

      Thanks again for reading and for your suggestion! Have a budget conscious week! 😉

  2. I’ve probably never told you, but I was also in the same hole. 36k of student loan, 32k of CC debt. It took me a decade to dig myself out of that hole, it took moving back with my parents, and doing massive budgeting, and getting better paying jobs as the years went on. Now, I’m extremely conscious of spending, and keep spreadsheets for multiple things, such as monthly bills, loan amounts, net worth, budget. So now, to avoid any late fees, every single bill I have that can be put into an autopay, is on autopay. The only thing I can’t is my daughters preschool, so I just go to the office every month and pay that. I also make sure there’s money in the bank account that all these autopay’s come out of. I use to juggle money back and forth, so I know how that is… good luck!

    1. Thanks for sharing, Cory! Yep, it’s been two step forward, one step back. Defense contracting in my line of work pays didly. Needless to say, continuous job hunting. I’ll get there!

      Thanks for the encouragement!

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