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How to Catch Up on Bills

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From Quick Guide: Financial Help

Summary: Catching up on bills requires an organized management system of sending out checks at least seven days before the bill is due, keeping a detailed log of the dates when bills arrive and paying bills online to avoid late fees. Keep up on bill paying to avoid a damaged credit history with advice from a registered financial consultant in this free video on money management.

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By Patrick Munro
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Patrick Munro's affinity for investing and financial matters began more than 20 years ago with business education and service throughout the ranks of the banking, insurance and...read more

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Video Transcript

"This is financial adviser Patrick Munro on how to catch up on bills. It's important to constantly be ahead of your bill stream as it comes in. The best way to do this is to keep a folio with dates and tabs for the numbers and days of the month. As the bills come in, you can tab your checks or rather your bills into the appropriate day when you should be writing the checks which should be approximately seven days before the check... the bill is due. This way your bills will be paid on time. The best way to catch up on bills is never to fall behind on bills I find. So having an appropriate management system to pay your bills is a great way to do just that. That's the manual way. You can also pay your bills on-line as many people are known to do. However you do run a risk of identity theft if that is the case and having your bills not posted due to some malfunction in the main frame. This is Patrick Munro talking about the best way to catch up on bills."

eHow Article: How to Catch Up on Bills

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