Welcome back to another edition of Simple Savings Sunday. I have decided to make this series into a bi-weekly thing. I have too much going on right now with the expansion of my business, my regular job, and selling our home. I am sure you will get over it, right? Looking back at this series, I realized that my tips were simple, yet my explanation was too freakin’ long. Why do I need to type so much, just to talk about a simple savings tip? Well, I plan on changing that today. This tip is going to be short and sweet, or at least shorter than what I used to put together. To wrap this up, here is my tip. Pay your bills on time!
Yes, Pay Your Bills on Time!
OK, it is not going to be that short. That would just be crazy. This simple savings tip really is simple. If you pay your bills on time, you won’t have to worry about paying late charges. Those can add up quickly. If you pay your credit card just one day late, they will slap you with a late charge and can boost up your APR. That is a big money suck. There are other bills that will give you a grace period before the dreaded late fee kicks in.
I do have a confession to make though. I have paid my bills on time with no late payments for the last 13 years. That is how long I have had bills. Unfortunately, I found out yesterday that one of my bills didn’t get paid. Wait…What? A personal finance blogger didn’t pay his bill on time? What a loser! Is that what you were thinking in your head as you read that?
The issue was that I knew I attempted to submit the bill payment. I pay all of my bills online and keep track of them with just a simple Google Calendar. The funny thing was that I paid my wife’s bills first and it went through successfully. I then tried to pay mine and it didn’t respond well. The site was having issues throughout the entire process. I finally was able to get the submit confirmation page and I pushed the button. I thought it went through. I guess I was wrong! It was just the perfect storm. Needless to say, that was $40 down the drain in a blink of an eye or click of a mouse. I plan on calling them to waive it as I did push the submit confirmation button, it just didn’t work on their end. Having said that, I am still to blame for not making sure it went through. You live and you learn, right? Either way, just remember this…..
Pay your bills on time and you won’t waste your money!
Do You Know How Much You Pay?
Do you know how many subscription services you have each month and how much money you are paying? Well, if you don’t, then it’s time to take a look at Trim. It’s a service to help you cancel unwanted subscription services with ease. The best part is it’s free!