Benefits of habit “Pay bills the same day you get them”
✓ You do not gather penalties
✓ Leads to a more balanced budget
✓ Protects against debt
First step:
Once a month
Progress:
1. In the first moth, once a week get together all the bills received and pay them
2. Next month, do the same thing twice a week
3. Do this more and more often until you review your bills daily
Helpful tips to make it a habit:
✓ Same day every time. Set aside the same time of day to review and pay bills. It will condition you to do this by yourself in the long run
✓ Set e mental trigger. Place your bills on your desk to make sure you see them until they get paid
✓ Set a reminder. Use the reminder feature of this up to remind yourself to pay the bills
✓ Reward yourself. After you pay your bills, maybe see if you can have a fun night out in town to a movie or for drinks with friends
✓ Celebrate small victories. Every time you perform this habit, congratulate yourself! Say “I’m awesome” or “I’m so cool” out loud and with a smile on your face
Tips for beginners:
✓ Tracking is everything. Keep a file on your computer or list on hand with what bills you are expecting, which have arrived, and which are paid;
✓ Make sure you balance your budget. Taking care of the bills allows you to better keep a hold of your finances. It’s a chore, but useful one;
✓ Make sure you don’t lose it. Make sure the place where you store your bills is well organized.