Just curious: Do you use autopay when paying bills?

posted 3 years ago in Money
Post # 3
Member
8702 posts
Bumble Beekeeper
  • Wedding: December 2012

We’ve been using autopay for years. We’ve never had an issue. The morgage is the only thing we don’t autopay.

Post # 4
Member
1287 posts
Bumble bee

No. I have bill pay in my bank account. Every pay day I pay everything in 1 screen. I keep track of my payment, income, etc, in an excel spreadsheet that I keep updated every pay.

Post # 5
Member
1157 posts
Bumble bee
  • Wedding: June 2014

I use autopay for the things that are the same every month- rent (set up and controlled by me, not my landlord), student loans, life insurance. I’ve never had a problem.

Post # 6
Member
9412 posts
Buzzing Beekeeper

I use automatic withdrawal for bills where the amount is always the same. Otherwise, I like to review the bill and then pay it.

Post # 7
Member
819 posts
Busy bee
  • Wedding: October 2009

I use autopay for only the money I put into mutual funds each month – everything else I pay myself for this very reason. I like knowing the EXACT amount going towards each bill every month so I know how much money I have to the penny! I lose sleep otherwise lol

Post # 8
Member
8418 posts
Bumble Beekeeper
  • Wedding: April 2013

@LadyBlackheart:  We only use autopay for netflix, everything else I pay through online billpay.

Post # 9
Member
11772 posts
Sugar Beekeeper
  • Wedding: May 2013

My DH is an auto pay FANATIC. But we also have enough in the account that if they take it out early/take too much (neither of which has ever happened to us), we’d still have plenty left in the account.

Post # 10
Member
4513 posts
Honey bee
  • Wedding: October 2013

That has happened to my mother – too much taken out or taken out too early. She has always told me not to do it. I only do it with our internet bill because its paperless and they don’t send email reminders so I know I’ll forget. For everything else I have to initiate the payment.

Post # 11
Member
4413 posts
Honey bee
  • Wedding: June 2012

I get furious at any bill that DOESN’T let me autopay it. I can’t be assed to manually pay every single bill that comes due — there are too many. The only ones I don’t autopay are the credit cards, just in case  we decide to buy something expensive and keep a balance on it one month. I wouldn’t want it automatically paying itself off and emptying my bank account more than I’d planned for. I have never had an issue with things taking out too much money, and if they did, I don’t let my balance get low enough that it would ever go negative.

Post # 12
Member
11300 posts
Sugar Beekeeper
  • Wedding: August 2013

@housebee:  This. I think Netflix and Hulu are the only ones we autopay. Everything else is paid individually through online bill pay.

Post # 13
Member
2571 posts
Sugar bee
  • Wedding: November 2013

Half auto and half online…

Post # 14
Member
655 posts
Busy bee
  • Wedding: June 2013

@MrsPanda99:  Same here.  Stuff like our mortgage and insurance (or car payment when I had one) get auto-paid because it’s the same at every payment.  Stuff like credit cards, hydro, calbe, etc. I review and pay myself.

Post # 15
Member
1951 posts
Buzzing bee
  • Wedding: February 2014

@LadyBlackheart:  I do use autopay for some things, others I pay online or write a check. I would never use an autopay that would automatically take out an amount that wasn’t dictated by me, though. 

For example, my car payment is the same ever month, and Infiniti allows you to set up your auto-pay with a specific amount preset. Therefore, I know the exact amount coming out. 

I wouldn’t let a variable bill go to auto-pay, for example, my water or electric bill. Those I do online billing, and just get an email when it’s ready. 

Post # 16
Member
1416 posts
Bumble bee
  • Wedding: November 2013

we use autopay on utility type bills, (electric, water, gas, and cable) Everything else is manually paid. 

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