When you finally have less time than money

Posted on June 11th, 2007 – 12:10 PM
By Kara McGuire

So this weekend, I sat down to pay a bill and realized I completely forgot about paying one last month. Luckily it wasn’t a credit card and I didn’t incur any fees.

When I meekly mentioned to Matt that I slipped up and it’s “getting harder to remember to juggle all of the bills,” he gave me a confused look and said something like “aren’t the bills set up on auto pilot?”

It’s a good question. We pay most bills online, why in the world don’t I set up automatic bill pay?

Because despite the fact that I have bounced a grand total of two checks in my 15 year check writing career, I’ve always been afraid that bill pay would lead me down a slippery slope of bounced checks and closed accounts.

But with our average checking account balance above the $1,000 level, I think it’s finally time for me to truly enter the 21st century and automate my bills.

Now the question is, how? Do I pay through Quicken or some other one-stop shop? Do I set it up at each bill’s web site? Should I start paying bills with a credit card to maximize points (that seems like an obvious yes!)?

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