We know that paying your bills can be a daunting task each month. If you are like a lot of us, some months are worse than others when it comes to matching your income with the amount you will need to pay out to creditors. It might feel like an impossible task. Somehow you get it done, but wouldn’t it be better if you didn’t have to worry so much each month? Here are a few tips to help make paying your monthly bills a bit easier:
• Set aside at least two set days each month for getting your accounts in order and paying bills. Check your reoccurring bills to see when they are due and match them according to their approximate amounts and your bill paying dates. It will be easier to gauge how much you will need for each bill.
• Think you are paying too much? Give your creditors a call. You may be able to lower interest rates or request a loyalty discount in some cases. You may even be able to skip a payment if you have been a punctual payer up to this point.
• Call your insurance agent to see what type of premium discounts you may be able to qualify for. Missing an insurance payment could result in a non-payment cancellation which means no coverage. It also means that you will have a non-payment cancellation on your record when you try to apply for future insurance- for up to three years. It is worth having your policy reviewed before your next payment is due to avoid a non-payment cancellation.
We hope your monthly bills can become a lesser stressor for you and your family. If we can help with any advice or insurance questions, please call us any time. We are here to help.
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