1

Comment

With the current economy there are so many people that are having a hard time getting their bills paid. A large part of the problem can be attributed to the increased costs of goods while there are wage cuts and even if there are no cuts there aren’t raises. Being a stay at home mom on a limited income makes the task of staying on budget even more difficult especially in today’s economic climate.
Along with this though is the people themselves. The problem is that people:
•    Lack a budget
•    Spend more than they can afford
In order to be able to afford things and pay the bills on time there has to be a system.
The first part to having any system to get the bills paid on time is to have a budget. In order to get your budget working you need to get your bills organized so you know how much money that you need to have each month in addition to your personal needs like food, gas, etc… Through following some of the simple steps in the rest of this article you’ll be able to get your bills organized and paid each and every month on time.
The following six steps will ensure that you can get this done:
•    Get yourself a cheap desktop organizer with three slots. Use the very back for your budget book. The other slot is for your coupon book. (More to follow on that.) Finally the front slot is where you’re going to need to keep all of your bills.  You should make sure to not let anything else into this organizer.
•    Now you should print out a very simple calendar for the month that you’re starting on. Pull out all of the bills that you have to pay and write them on the calendar for the dates that those bills are due.
•    After you’ve filled out the entire calendar put this into your budget book and every pay period that you have whether it be weekly, bi-weekly or monthly you need to open your budget book to a clean page and write that date at the top of it. On the very next line you need to write out the balance of your checking account or whichever account you pay your bills out of if it’s not your checking account. Then add to that your current deposited paycheck.
•    Next write out any of the outstanding checks that you have and take this away from the balance that you had.
•    Now pull out the bill calendar that you made and write down every bill that is due for that week in your budget book.
•    Pay each of the bills that you owe for that week and then subtract out the amount for each bill from your balance. (Don’t do this as a total; you need to do this for each bill.) If you’re someone that pays over the phone or online you should make sure to write down the confirmation number they give you.
Repeat each time that you get paid and the bills will continue to be paid every time, on time.