Making progress on the Financial front
It took almost 2 weeks for my checks to come in, but I finally got them yesterday. Since it’s payday again, I figured I better get back on task and try to get more accounts set up for automatic payments. So far I have 10 out of 15 accounts set up to withdraw automatically, and I will get 2 more set up pretty soon. I have 3 accounts that I can’t set up for auto pay. The good news is 2 of them can still be paid online, I just need to pay attention to when that needs to happen. One of the motivating factors in doing this is all of the late fees I’ve had to pay simply because I forgot to pay a bill. It boggles the mind, I cringe to think of all that wasted money, but hopefully those days will be long gone very soon. Now I have only one account that requires a check.
It’s possible that a few of the accounts won’t actually be set up prior to the time my next payment is due, so I’ll have to monitor that as well. After I see that automatic payments are starting to come out, I can then switch over to electronic statements and help to reduce the volume of paper & clutter around the house, which is another motivating factor. I’ll keep updating everyone as I continue and let you know any pros and cons I find from doing this.

Comments