Do you need to know how to pay bills?
You're not alone.

Who teaches you how to pay bills? How do you learn to organize your bill paying so that you don't miss a payment? It's hard to remember to pay the bills on time. It's worth the challenge, though, because you may not realize how much money you're spending on late fees and penalties. If your reminder is the pink envelope in the mail with a late notice, it's time to get organized. If you have kids, you are teaching them how to be responsible (or not!) with their money some day. Remember that you are modeling your habits (good or bad) to your kids every day. Here are some tips to make bill paying easier.

bills to pay

1. Use a checklist
Don't let bills catch you by surprise. If you have a list of your monthly bills, you can plan for them and be ready to pay them when it's time. Here is a customizable checklist for paying the bills that you can use to enter your monthly expenses. Keep it on the refrigerator or next to your calendar so your bills don't catch you off guard.

2. Make bills due at the same time
When you're learning how to pay bills it's helpful to make it as easy as possible by consolidating the due dates.. If this is not a hardship for your pay schedule, consider coordinating your bills so that they are due at the same time. If you get paid at the end of the month, you might have your bills due the first week. This also helps with budgeting for the month because you remember to pay the bills and then what's left over can be spent on fun things or savings!

3. Pay bills online
Most bills can be paid with the click of a button, or, better still, completely automatically from your checking account. Contact your bank and see what is required to make this happen. Knowing how to pay bills online not only makes it easy to remember to pay the bills, but you never miss a payment! Always paying your bills on time --especially on bills like the mortgage or credit cards-- impacts your credit score.

4. Have a mail center
Does mail accumulate on whatever surface is near the front door?
Avoid paper clutter by creating a location for incoming mail. This can be a paper tray, a basket or hanging slots. As soon as you come in with mail in your hand, recycle the junk mail and keep the bills in your mail center. It's also helpful to have a waste paper basket near the front door for recyclables.

5. Have a “Takin' Care of Business” meeting
This is especially important if your partner or spouse needs to be involved. It provides a time to come together and not only share the job of paying the bills, but also to discuss financial issues. This is also an opportunity prepare for the week by menu planning and looking at the upcoming week on the calendar of events and activities.

With these tips, you can learn how to pay bills and get organized with just a few new habits. Getting your finances organized is important for many reasons—convenience and security among them. Give these tips a try and get your financial house in order!

Go to Paper Clutter from How to Pay Bills