Granted, my WFMW tip is not anything that is earth-shattering, but it has come in handy and probably saved me and my frugal self at least $100 in stamps and check fees over the last year, not to mention something very precious called time. What is it, you ask?
I pay all of my bills online now (hence Online Bill Pay). Every last one of them. I’ve even set my mom up on her computer so she can do the same (or I can do it for her, which is what happens on occasion).
If you are going to do it properly, it’s best to have a system you use to easily access the accounts and keep track of your passwords/logons. For myself, I have saved the sign-in page for all of the online bill pay sites in a favorites folder called, well, “Online bill pay”. Original, huh? Then, when it’s time to pay something, I go to my trusty folder stored in my web browser and sign on to pay the bill.
For my mom, I had to do something she could access with a little more ease. So I set up a folder on her desktop called “Banking and Bill-Pay” and created internet shortcuts right on her desktop so she can access the web pages from there. In addition, I bought her a notebook where all of her logons and passwords are stored so she can easily sign in and access her accounts (I have one of these too, because I forget things easily).
Was this even remotely helpful? Or are you slapping your forehead and saying to yourself, “I could have been picking my toenails instead of reading this mess!”
Either way, you’ll probably find something else you can use if you head over to Rocks in My Dryer and check out the other Works for Me tips!
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FleaMay 21, 2008 at 9:08 am (15 years ago)
We’ve been paying our bills online for a couple of years and I wouldn’t have it any other way! We go directly to our bank’s website and click “Pay Bills”. Awesome. Highly recommend it.
AnnieMay 21, 2008 at 10:08 am (15 years ago)
I am glad you wrote about this one. What a great way to save time and money in stamps (on average over 8 dollars a month). We have been doing it for awhile…I personally like to use ING Direct…they have a great system and will even write checks and send them out free of charge if a company does not accept an electronic payment. What a great way to go green! Thanks!
KristaMay 21, 2008 at 8:01 pm (15 years ago)
Good idea, but I’ve never had much success with it. Instead I just do automatic withdrawal. They still send you a bill, but then you don’t even have to worry about missing the payment date! And you can even get a lot of your bills in your email to save on paper/stamps that way too. All our bills are pretty regular so I just go through at the beginning of the month and take them all out of the checkbook and then I don’t have to think about it anymore!