Every month the bills come due. Nothing stops them from coming and it can often be difficult to keep up with the bills that are due and when they are due. Some people have someone who they pay to keep track of these and manage them but even for them it can be difficult to keep track of what bill is due and when it is due. This is when having bill reminders can come in handy and be a great solution to the problem of not making payments on time of course there are many other reasons why they are a good tool to have and use.
They Are Free
If you are interested in having the bill reminder service you will be pleased to know that most of the time this is a service that is offered by the providers, banks or other people that is free of charge. All you need to do is ask whomever it is that is sending the bill to you to send you a monthly reminder when the bill comes due.
Virtual Money Manager
Having a bill pay service enabled is almost like having your very own personal financial assistant. When you have the bill pay reminder you will find that it will hardly ever make a mistake and is completely free unlike having to hire someone to take care of your money for you.
Setting Up The Service Is Easy
If you are interested in a bill pay service you will find that it is easy to set up. All it takes is for you to sign up once that is complete you can then log into your account and begin adding, deleting and editing your bill pay information.
Set Up Alerts Help To Protect Your Money
There are many different things you can do with a bill pay service. One of these is to set up alerts when a bill is coming due. The alert feature located within the program will give you the option of how you wish to be notified. You can select from receiving an email or a text. But the good news is that there are other options with this feature as well. You can opt to have alerts sent to you when you are at a certain balance or if there is suspicious activity within your account.
A bill pay service will help you in many ways including helping you to plan ahead. Simply by letting you know that you have a bill coming due you can be sure that you will have the available funds in your account to pay the bill. This will help you to not have service interruptions or have a point of sale declined due to low funds in your account.
No More Overdrafts
Another important item that bill pay can help you to avoid is overdraft charges. These are fees that are not only annoying but will end up wasting your hard earned money. If you use the bill pay feature you will have the option of avoiding the effect of overdraft charges within your bank accounts.
No More Late Fees
You can avoid late fees altogether by the use of bill pay. Of course there might be the rare occasion where the late fee cannot be avoided but these should be limited with this service. Many late fees occur because people simply forget to make their payments. When you receive you reminder you will have no excuse to forget about your payment.
Bill pay services can work in many ways to help you out including money management. If you have not already enrolled in one of these services you should. It can be a tremendous help in more ways than one.
Image credits to Frank Kloskowski