How To Manage Your Bill Paying And Checking - 0 views
started by Mcknight Upchurch on 19 Oct 13
started by Mcknight Upchurch on 19 Oct 13
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I am planning to show a way to you to simplify this whole process if you use online banking. Yes, you will still have t..
Is paying your bills and managing your checking account a big headache for-you? Do you often miss a payment or overdraw on your own bank account? Do you ever wonder what bills are left to be paid-for the month?
These are all issues that folks have trouble with each and every month and they pay a lot of money in late fees and bounced always check fees as a result.
I am planning to show you a way to simplify this entire process if you use online banking. Navigating To clicky probably provides aids you might give to your girlfriend. Yes, you'll still need to pay your bills and maintain your bank checking account but you'll be able to see at-a glance in which you stand.
You will know:
*What expenses have been taken care of the month
*What costs you still need to pay for the month
*List whether you pay the bill by phone, vehicle withdrawal,
check, spend on line, and so on.
*Organize your bills so you have the same volume coming
out each payday.
*Exactly just how much is in your checking account
*Have a reconciliation of your checking account
*Know in a glace what check's remain outstanding and
which ones have cleared the bank
It's therefore easy. This is how it works:
# 1 - Use the Budget Ledger form at the below url to setup your expenses in the order they're to be paid. You should put the due date, how you typically pay the bill, estimated payment, what salary for the month you use to pay the bill and the budgeted payment. Be taught further on the affiliated article by navigating to save on power bill.
http://www.homemoneyhelp.com/ledger.html
#2 - Use your Check always Register when you do now to sign your bank account transactions.
# 3 - Use your online banking to verify your Check always Register day-to-day, weekly, monthly or if you need. You simply mark that check as settled within your register each time a check appears on your online bank statement. You've a constant running balance.
Now, let's tell you paying a bill applying this system:
Once you get the statement for each bill enter the amount under the month (it's put up to handle 3 months bills about the same type)
To the date you intend to pay the bill simply enter the date (i.e. 5/4) showing that it is settled.
In addition you enter interest, atm transactions, remains and expenses in your check register.
Enter the cost information in the Check Register and deduct from your balance.
You're done! You know exactly what's been paid, what is left to be paid and your overall checking balance constantly in the place of waiting for your report bank statement.
Just this simple act of managing your bill paying and examining in this way could save you hundreds of dollars every year.