Having a hard time keeping up with everything? Life is busy. You’re not alone, sometimes it’s quite difficult to keep up with all that’s happening. Yet, when it comes to finances – getting into this pattern can be detrimental to your life. Missing payments can hurt your credit.
So how can you help yourself? How can you remember and make bills the priority, even when your mind can’t? We’re here to help answer that.
- Create a bill calendar. Consumer Finance has a great blog post and resources on this topic. Bill calendars can be physical or digital or both. Seeing them mapped out will aid your budget and help you understand where your money is going. Get started with your own bill calendar here.
- Organize your due dates (if possible). If you can select your due date, choose a date you’ll remember, stagger, or have them all due at the same time so you know when things are due. This will aid your memory.
- Automate. This is hard for some folks. People fear it will draft when there isn’t money in their account. That’s valid. However, keeping an eye on your account and budgeting so you have some room around your bills is a great habit to start practicing. Get more info on automating here.
- Make yourself a monthly check in day. Take one day once a month to update your budget and check in on where you’re at. This will keep you accountable and help you act instead of react when it comes to your finances.
- Pay early when you can. Worried about life getting in the way? Try paying bills that you can early. Once you pay it can stay out of mind for a month. This can also be a great way to cultivate a habit.
Create good habits, help yourself out a little bit, and help support healthy finances. Being prudent with money is a continual work, don’t be hard on yourself. Give yourself some grace by setting up some or all five of these ideas to help you get ahead of it.