These last few years have been difficult for consumers. Personal cash management can become difficult when there are worries about the economy and politics.
There is a way to put your finances in control. Even though it may be difficult to save money in these tough times, there is still one area you can manage well. bill payments.
Yes, you must pay those bills. Understanding your options for managing these payments and how to avoid budget-busters can help you have some control over your credit rating as well as your bottom line.
Two quick tips for paying your bill are provided to make things easier:
Tip No. Tip No. 1: Time your bills.
It’s tempting to pretend that bills don’t exist when money is tight. It’s not a good idea to ignore bills as it can result in additional fees and increased credit costs. Instead, prioritize your bills according to due dates. Educate yourself about bill payment options to maximize cash flow and make timely payments. Mixing payment options is an option. You can use text reminders or bill-pay if your mobile device is capable. Schedule recurring payments to your bank or biller if you need someone else to keep track of due dates.
A walk-in payment agent location is a convenient option for those who are short on time or just want to pay bills while you shop or run errands. Walk-in Agent locations are often located in your neighborhood and offer extended hours and same day bill payments to many billers.
Tip No. Tip No. 2: Do what is best.
There are many options for paying your bills. Your way is the best. You will feel most at ease organizing your bill payment around what you like, so it’s easy to stay on top of your payments. Some prefer to be at their computer all day, while others prefer to go to the grocery store to pay their utility bill. The best way to manage those bills is whatever works for you.
Negative headlines are best avoided. However, you should pay attention to when your bill is due and devise a payment plan that works for your credit score and your personal finances.
Western Union offers tips. For more information, visit WesternUnionPaysMyBills.com.
