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Fast payer

March 13th, 2015 at 11:29 pm

i got my plumber's bill for $106.44 and went online to pay it right away. I've never been the type to save up all my bills and have one marathon paying session once a month. I pay my bills as soon as I get them so I don't have to keep remembering the due date, and also so I know that the money left in my check account is all mine to spend.

Posted in Money Out | 3 Comments »

3 Responses to “Fast payer”

  1. snafu Says:
    March 14th, 2015 at 02:31 am 1426300271
    1426300271

    While I'm the opposite, stickler to pay bills 2 business days before they are due, I'm sure you must go to the top of the list for each of your service providers. They must appreciate that they send the bill and are nearly immediately paid electronically. Have you considered asking for a discount for quick pay? When banking electronically, I set the release date and the account shows both current balance and balance less sums ordered but yet to be released. This includes automatic, monthly sums repeated endlessly for condo fees and utilities that cannot go to CCs for those point benefits.

  2. laceshawl Says:
    March 14th, 2015 at 04:43 am 1426308222
    1426308222

    Yes, there is a discount for prompt payment by due date, but I always worry about forgetting and sending in the payment too late. I hadn't thought of setting a future date when paying online, - but then I would worry about spending the money forgetting a payment was due to go out.

  3. bluesfemme Says:
    March 15th, 2015 at 04:26 am 1426393563
    1426393563

    I'm trying to be more like you LS. While I resent paying early because they gain the interest at no cost, I hate seeing the hit to my cards, and even worse, late fees. And you're totally right, the activity has already taken place, so its not my money.

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