Do you always pay your bills on time ?

@femimi (872)
Indonesia
April 12, 2007 12:28am CST
I think I was really bad in paying all my bills. Credit cards, electricity, water, internet, cable, telephone, and usually late. Even though I know the due date, but I still on my bad habit, always waiting for the due date and then forget and got fine. How about you? Do you always pay your bills on time? Do you have suggestion how to make dicipline in paying those bills? Do you using easy one pay from your debit card, which means the bank automatically debit your fund to pay your bills?
12 people like this
66 responses
@kkerix (403)
• United States
12 Apr 07
i used to pay my bills on time, then i got cancer lost my company, lost all my income. now i can no longer work i live on very little money. sometime i have to chose, pay electric or buy medicine. as for you if you have the money then you must care if the bills are to be paid. if you don't care they will be late, and vise versa,lol. thanks mahalo,oahu lopaka
@femimi (872)
• Indonesia
12 Apr 07
Hmmm.. sounds that you really try hard enough to arrange financial problem and your health problem. Hope everything will going better and healthier :)
1 person likes this
• Singapore
12 Apr 07
This is more a question of whether you have money to pay your bills or not. :P If money is no issue, I always pay my bills on time. In fact, I will pay them as soon as they arrive - even if the due date is not near yet. I rather get it over with instead of having someone "dangling" there. I don't have auto debiting arrangement because if the charges somehow get miscalculated, you can't *not* pay and getting the money back from them after you have already paid is harder than if you simply withhold payment. I prefer to know when my money is going so I see to each bill manually, so to speak.
2 people like this
@femimi (872)
• Indonesia
12 Apr 07
-lol- you rite, sometimes I also delay the bill because money matters, but I think if we good in handling this supposed to be all payment can be ontime. And I still try to arrange it all. I'm not using debit either because worry about miscalculated -lol- but I saw that many people can arrange it even though they also have problem with their income. So it's make me curios :D
@vesuvius (1677)
• Philippines
12 Apr 07
Well we always pay our bills on time. We always have this fear of disconnection and maybe that's the reason why we pay always on time. I dont know of any such kind of discipline but I guess always thinking that life would be a lot more miserable without the internet, water, electricty and all that would make you realize that you better pay early.. We dont use any cards for payment because according to managerial experts, using cards would only augment your expenses.
2 people like this
@femimi (872)
• Indonesia
12 Apr 07
In my country, if I late to pay some of them still give a weeks before disconnection, maybe I always thinking the extra time so I become late to pay :(
@dpauli (407)
• Indonesia
12 Apr 07
At the beginning of using my credit cards, i often paid them late. That made a large sum of money for additional charge and I almost could not afford it. Now I'm using most of my earning to pay for credit cards monthly payable. I chose to change the bills from floating into a sum of money that have to be paid regularly every month, otherwise I have to pay back from the sum at the beginning of the program. This program really push me to pay ontime, otherwise, I have to pay much more money that I can't afford it. For other bills, here in my area it's easy. Etc, if you late paying electricity (due date 20 every month), then the next day someone will come over to cut of the electricity supply. So, I can't delay on paying such bills.
2 people like this
@syain1972 (1011)
• Singapore
12 Apr 07
Most of the time, I would pay my bills on time. This is to deter from the companies involved from charging me interest or from receiving a warning/reminder letter. We have a standing instruction with the companies to deduct monies owed to them through our bank. So, we don't have to keep track on the due dates. We've just to ensure that there are sufficient funds in our bank. I guess the credit card company hates us a lot...hahaha..:
2 people like this
@ryanphil01 (4186)
• Philippines
12 Apr 07
i am not a monthly income earner but i want to settle financial obligations on time as much as possible. if the remittances would come on time, i am forced to pay the bills before their due dates. one advantage of this is to get discounts for early payments. but if our remittances are delayed, chances are the payments would also be delayed, and so additional surcharges are to be expected and this i really hate. one tip for you to be able to pay bills on time is you use your cellphone's reminder menu.
@meholl (510)
• United States
12 Apr 07
I found the easiest way to pay bills was to have it automatically drafted out of my account at the bank. And I set the date for the day after payday. That way the bills get paid and I didn't have to do anything. Of course it took awhile to figure this out, but after paying about $1000 in late fees every year, it was a money saver
2 people like this
@lecanis (16664)
• Murfreesboro, Tennessee
12 Apr 07
I work really hard to pay my bills on time, even though I can't always afford to pay them all. Even when I can't pay something, I try to contact the company to let them know that I realize my payment is late, and see if they can extend my deadline or change my due date if it falls at the same time as all my other bills. You'd be surprised how much people will work with you if you just ask. I did have everything on auto-pay at one point, and then there was a fraud situation with my checking account. The bank was good enough about it, but since all my bills bounced, it just got me a bad reputation with all the utility companies and stuff. So while auto-pay sounds like a good option, I'm a little afraid of it now. I just basically sit down at least once a week and look at what needs to be paid, when I can pay it, and whether or not I need to contact the company on it if I can't pay it right away.
1 person likes this
@femimi (872)
• Indonesia
13 Apr 07
Hmmm.. sounds like me -lol-
1 person likes this
@shelagh77 (3643)
12 Apr 07
You are being very unkind to yourself by not having your finances under tight control. If you do not pay bills on time you may find it very hard to get a mortgage or a loan for something you really need. It is not always possible to pay bills on time, everybody has crises and emergencies, but if you can sort out a budget for yourself you will find bill paying easier. Also you should check every single bill. I have found nearly £500 of discrepancies on bills this year alone, so it could be that not only are you losing money from late fees, but you are also paying monies that you do not owe. Direct Debits are helpful, but you should also check these very strictly as some firms increase the amount of money they are taking, without telling you, and you may even find that you do not owe the extra money. Try www.simpleplanning.com for an easy programme to help control your finances. You do have to pay for it, but I have found it has sorted out my finances for me (I do not get any affiliate fees or anything for this tip, this is product I have found the best) Good luck, and why not post back at the end of the year and proudly let us know whether you have eliminated your bad bill paying habit and if you want to, how much money you have saved.
@femimi (872)
• Indonesia
12 Apr 07
Thanks... hope I can try and the I will post the report then :)
@wolfie34 (26793)
• United Kingdom
12 Apr 07
I always pay my bills on time, I write the dates in my diary, sad but true that way I can keep on top of any bills that come in with advance payment dates, so I don't miss off the cut off point. I don't like direct debit with the utilities because they always work it in their favour and they take too much. I also keep a folder of bills on my desk so that they are all together in one place.
@femimi (872)
• Indonesia
12 Apr 07
Well, you also remind me that one of my lack is keep the bill receipts not in a folder. But luckily, I always remember the place which I keep it if someone want to check it. So maybe my problem is not about forgeting those bills but maybe my own habit -lol-
@kgwat70 (13396)
• United States
12 Apr 07
I always pay my bills on time as it is very important to have good credit history so that you can get a good job, get a good car at a good rate and get a good home at a good rate. Not paying your bills on time can effect all three of those things. A person can not get a job in a bank or any big company here without having good credit history so it is important to pay your bills on time as well as avoiding late fees and finance charges. As soon as you get a bill, you should pay it right away so that you do not forget. I do use automatic bill paying in some cases and others I write checks.
@femimi (872)
• Indonesia
12 Apr 07
Wow... you make realize the positive effects that we could have if paying bills on time. Yupe I think it's very important for me also as an entreprenur, maybe next time I also need soft loan from bank, and usually the banks will surveys your financial condition also how much is your debts and how did you pay all of that.
• United States
15 Apr 07
All our bills are always paid on time, usually early. Normally as soon as we get it in the mail we turn around and pay it. Its rare if we wait until the last possible day to pay them. We do not use automactic payments, we use a check to pay for everything (bill use) or pay online when they are due.
1 person likes this
@SheliaLee (2738)
• United States
14 Apr 07
I try to always pay my bills on time but sometimes the way my husband and I get paid it causes me to be a day or two late. I try not to be more than that, though, because I don't want it to affect our credit rating.
• Malaysia
13 Apr 07
I always pay my bills on time. That's because I'm using easy one pay from my debit card. Therefore, you don't have to worry about the due date or whether you have paid or not. All is taken care by the bank, that issued the debit card. Moreover, I always pay on time in order to avoid the interest charges!!!!
1 person likes this
@uu4h708 (638)
• Philippines
13 Apr 07
yes i do!! always!! never miss!! thats why i dont get credit cards or postpaid phones, coz that'll make my bill paying life a bit heavier..
1 person likes this
13 Apr 07
I let the bank pay my bills for me (in the UK we have a system called Direct Debit), so I can forget about the bills. I just spend what's left at the end every month. It's good fun that way, because once a month I spend hours on the internet, looking for treats for myself & partner. It keeps me happy!
1 person likes this
• United States
13 Apr 07
Currently I do not have many bills. The bills I do have are my rent, cable/internet, dental insurance, and electricity. I usually try to pay them as soon as I get them so I do not spend the money on other things. When I do not do that I usually pay them the day they are due over the phone. My dental insurance is the only one that I have automatically drafted out of my account. This sort of hurts me because I forget about it sometimes and spend the money.
@eyewitness (1577)
• Netherlands
13 Apr 07
well i don't have to worry about that because for me it goes automatically so i won't forget.That's much more easier and you will never have to worry about paying more than is needed.
1 person likes this
@myliezl0903 (2731)
• Philippines
13 Apr 07
I am very much aware of paying bills on time because i hate add ons like the interest and late fees in my credit cards. I usually make a note of all my dues when i get my statement...i post it in my doors ref so that it will remind me whenever i open it...
• United States
13 Apr 07
I really try to pay all of my bills on time. I know all the dates of them and such. The only time I really "forget" to pay something is if I do not have enough money in my account to pay for it and have to wait until my next paycheck. So sometimes I will pay one of the others early when I do have some extra money so that I do not have to work about it later. I pay my bills online so I can usually pay right up until the day that it is due and have it post to my account on time. I keep a calendar in my computer room next to the computer and I write on the calendar on the day that stuff is due along with their amounts. And once I pay one, I put an x over it. That way if I did pay one of the end of the month ones in the middle of the month, I will "X" it so that I don't try paying it again. I also have email reminders sent to me for when my bills are due. And I also have this bill sorter box that I put my paper statement in (it's numbered 1-31) for the coresponding date. Hope some of these ideas helped.
1 person likes this