How to Pay Bills

Video Transcript

"This is financial advisor Patrick Munro talking about how to pay bills. There's only one way to pay bills, and that's on time, because if you don't, you won't have a good credit rating, and you won't have access to credit, and you won't have a good way of moving through life. The best way to pay your bills if your in the manual system is as the bills come in, take a look at the due dates, and then make sure that they're back posted for at least seven days ahead of that date to allow for the efficient mailing of the bill to be received by the creditor ahead of time, this will you will avoid late fees and charges on your bills. If you're paying your bills electronically, it's a little possible to move your, your paying closer to the actual date of payment. But always make sure that you pay your bills on time, and when you do so, you will receive dividends down the road by way of having excellent credit, and of course, this will save you money any way you cut it, going forward. This is financial advisor Patrick Munro talking about how to pay bills."