WHAT IS THE BEST WAY TO KEEP TRACK OF BILLS AND AVOID PAYING LATE FEES?
The fewer bills you have, the fewer payment due dates you have to remember. You can automatically pay some bills, like your cell phone bill, with a credit card. Then you have just one bill (the credit card) to remember to pay. I like to pay my credit card in full, but sometimes I may not have the cash fl ow to do that, so I set up an automatic payment for the minimum, just in case I forget to pay the bill on time. That way I never get a late fee.
For non- recurring bills, have a single spot to collect them, such as an in- box or letter tray. If you’re a visual person, give yourself permission to keep this out in the open. Set aside a specifi c time once a week to pay any bills that have come in during that week. (Be sure to block out this time in your planner.)
Set up a tickler system with folders labeled 1 to 31 for every day of the month or four folders, one for each week of the month ( place bills into the folders based on their due date). Or set a reminder on your phone for, say, 8 a. m. on Thursday morning to pay your car loan.
JENNIFER FORD BERRY
Have a system in place that you use over and over the same way each month. Mark due dates in your planner.
Switch as many bills as possible to an autopay option and create an automatic transfer schedule for your bank account in case you need funds to be replenished into your bill- paying account. Or pay those bills as soon as they come in.