There are so many options to pay bills these days. It can be difficult and overwhelming to keep up with what's been paid, when and HOW. You can pay through vendor websites, over the phone, draft an electronic check through your bank, and the 'old fashioned' mailed check with a paper statement still works too.
While the convenience of on-line bill pay is attractive, one still needs to actually pay on time to avoid those pesky late fees and it does not eliminate the stress of keeping up with the paying all of them.
I decided to create a Bill Pay Log to help stay on track!
I have been personally using this log to successfully track the following:
1) When bills are due
2) The amount that is due
3) When bill has been paid
4) The method in which it was paid (and confirmation # if it was done on-line)
5) I also added a space to track income and expenses and note any other financial events.
Using this log has given me such a peace of mind knowing that all my expenses are taken care of.
The method and confirmation space has been especially helpful to have logged in the event there is a discrepancy with payment. You can record both the outlet you used to pay, and the type of payment (specific card or account). Then, if you are notified of a late or missed payment that you disagree with, you have an easy reference to quickly and easily determine if the payment really did go through or not.
My Bill Pay Log lives in a 3 ring binder and I simply slide it in one side of an Avery Slash pocket Divider:
It's important to remember that just having a system like this established is not enough to keep you organized in paying your bills. A few HABITS need to also be in place to ensure your success...
When I get notification of a bill being due, I have gotten in the habit of recording it right away.
This is part of my daily Paper & Mail Flow System (more to come on that system soon!)
After I write down the due date, bill type, and amount -
The bill statements then go on the other side of the same Avery Slash Pocket Divider.
If you have e-billing you can either just use the log to write down when you receive an electronic notification, or you can print out a hard copy of the e-statement.
It's SO great to have it all in one place!!
Another habit I have formed around this system is to review what bills coming up due each week. That way, I can track with the help of my calendar to keep tabs on when I need to make an appointment with myself to sit down and take care of what is due.
to print a Bill Pay Log
I hope it is helpful to you!
I would love to know if you try it out!!
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Perhaps you're currently feeling completely overwhelmed by your clutter & mounting personal organizing goals?? Or, maybe there is a space or two in your home that simply needs a fresh set of objective eyes to to bring to its fullest organized potential?
Maybe having an organizing buddy, cheerleader and coach that could encourage you one-on-one would help to achieve the success you need and deserve, to allow you to live a more peaceful life you LOVE with more time and energy to participate in activities and hobbies you enjoy!
Contact me to learn more about how to get organized with my services. Operation Organization by Heidi provides customized organizing solutions to 'cure' your unique clutter challenge / condition. Based in Peachtree City, Georgia, This Professional Organizer serves clients one-on-one in the surrounding area of Fayette and Coweta County:(Peachtree City, Fayetteville, Tyrone, Senoia, Sharpsburg, Newnan, Brooks and beyond) . There are also specialized services to aid long distance clients with virtual organizing coaching services as well.