Comments on: When to pay bills

By: bluntmoney

bluntmoney — Wed, 02 Sep 2009 00:47:45 +0000

Those all sound like good plans. I can especially identify with Mrs. Money’s…

By: Ken

Ken — Mon, 31 Aug 2009 05:08:23 +0000

It took awhile, but I’ve got things set up a month ahead. At the start of the month, I transfer enough money from savings into checking to cover all the bills for the coming month. Since the money is there to start, we then just pay them as they come in.

By: Mrs. Money

Mrs. Money — Sun, 30 Aug 2009 17:05:11 +0000

I like to pay mine as soon as I get paid so I don’t think I have extra money in my checking account. The less we have in there, the less tempted I am to spend. :)

By: Rosa

Rosa — Sun, 30 Aug 2009 12:31:56 +0000

We get paid at the first of the month for the entire month. I pay all the bills in advance. The important ones get full payment. The smaller bills (like medical collections) are paid monthly at a set rate that I figured out we can pay. For example if I have 10 small bills, need to pay them all, but can’t pay in full, and can only pay a total of $150 of reserves, then I schedule to pay $10-15 depending on the bill. I get to pay the bill and demonstrate an effort to make good, and when something is finished being paid.