Just over two months ago I mentioned that I have about a one week period every month when all my bills seem to be due.
That used to mean that about 80% of the paycheque closest to that bill-week was spent on bills because I didn’t pay the bills until they were due!  So what’s my point?

Well…I’ve started to change my way of paying bills; I mentioned in my last post that sometimes it may make more sense to let the government hang on to your taxmoney for you until the taxes are due. While I am still of the opinion that it makes more sense to let your money work for you by earning interest as long as possible, sometimes the easier and less-headache-causing way to do things isn’t the most financially lucrative:

-> I have started paying my bills as soon a they come in, the same day the bill arrives in my inbox or mailbox I pay it and shred the bill once I’ve verified there are no mistakes/it’s not needed for tax or other purposes. – A simple thing but it’s really saving me a lot of trouble.

Yes, this means that I’m letting these companies have my money early for a week or sometimes three weeks and they will earn interest on that money while my bill isn’t even due yet! But as I said this simple thing is saving me so much trouble, I’m no longer writing down in my agenda to remember to pay this or this bill by that date and stressing about it. I just pay the bill as soon as it comes in and forget about it. I’m never late, I never wake up late at night in a shock to go check if there’s enough money in my account for a bill that’s coming out at midnight. (Come on, I’m not the only one that’s done that right?)

It’s really fantastic how much anxiety this is saving me. This also means I’m entering a new stage in my financial rehab. I am starting to move from living paycheque to paycheque to being able to get ahead a little and while I am still a far far way from NOT living paycheque to paycheque this certainly is progress!

So how about you? Are you in the same boat that I was, struggling to pay all those pesky bills all at once or do you never worry about this kind of stuff? I’d love to hear any tips or comments you may have below!

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