(Closed) Do you pay bills the day you receive them or the day they are due?

posted 4 years ago in Finances
  • poll: Pay bills when they are received or when they are due?
    Open a bill and pay it immediately : (54 votes)
    31 %
    Open a bill and immediately set up an online payment for sometime in the future : (54 votes)
    31 %
    Open a bill and make a reminder to deal with it closer to the due date : (64 votes)
    37 %
  • Post # 2
    Member
    1236 posts
    Bumble bee
    • Wedding: October 2016

    I pay bills when they are due.  I have almost everything set up automatically so it rarely involves dealing with tthe bill twice.

    Post # 3
    Member
    3611 posts
    Sugar bee

    Neither, I just have everything set up to autopay. I would never remember everything otherwise.

    Post # 4
    Member
    4943 posts
    Honey bee
    • Wedding: July 2012

    Some are on autopay, some we pay as soon as they come in.

    Post # 6
    Member
    2912 posts
    Sugar bee
    • Wedding: March 1996

    I generally pay them within 4 or 5 days of them coming in.

    Post # 7
    Member
    1066 posts
    Bumble bee

    Everything is on autopay, I tend to forget about things like that beacuse I’m a procrastinator so I’ll think I have 3 more days to deal with it but then I forget.

    We’re fortunate that we have plenty of cushion in our accounts to where the bills are more than covered, even if they came out all on the same day. It’s easy to just set it and forget it and check the balance at the end of the month to make sure it’s all still going in the right direction.

    Post # 8
    Member
    3611 posts
    Sugar bee

    LilliV:  I’ve been considering taking a couple of our bills off of autopay, specifically Time Warner Cable. They jack the rate up by like 2x at times without warning, it’s awful. Once you autopay that bill, you’re never getting your money back.

    Public Service Announcement: Anyone who is thinking of signing up for TWC…DON’T!!! Haha.

    Post # 9
    Member
    14987 posts
    Honey Beekeeper
    • Wedding: June 2011

    Everything is on auto pay for the day it’s due.

    Post # 10
    Member
    917 posts
    Busy bee
    • Wedding: May 2015 - Cathedral of the Immaculate Conception / Courtyard Marriott Legacy Ballroom

    Technically, we don’t pay bills immediately or when they’re due. We have a bit of a different system. Our paychecks come in every 2 weeks, so the day before we’re paid, Darling Husband writes checks for all the bills he’s collected within those two weeks and then sends them out the next day. Every pay day, I electronically pay off all my credit card bills. Our cell phone bill is automatically paid off about 10 days before the actual due date.

    Post # 11
    Member
    9905 posts
    Buzzing Beekeeper
    • Wedding: August 2016

    All of my bills are set to auto-pay for the day they are due. I like not having to think about it.

    Post # 12
    Member
    651 posts
    Busy bee
    • Wedding: July 2017

    I pay mine based off of when my Fiance and I get our paychecks. We work for the same company, so we get both get paid twice monthly on the same days. On the days that we get paid, I pay off all of our bills that are due before we recieve our next paycheck. Dave Ramsey is the best. 😉

    Post # 13
    Member
    3487 posts
    Sugar bee
    • Wedding: June 2016

    I have auto pay set up for general bills. It goes onto my credit card, and on pay day I immediately pay off the credit card. Fiance is only paid once a month and he makes a lot more than I do, so it just makes sense for us to do it that way. It is so frustrating when bills end up being due in the days before he gets his paycheck.

    There’s a few payments I don’t autopay. My engagement ring, FI’s student loan, and rent. We pay those off for the next month the day he gets paid. And then my checks go towards groceries and additional payments towards loans and credit cards.

    Anything left over at the end of the month before his next check = savings. We’ve got a very particular system.

    Your husband’s argument that they shouldn’t get the money sooner than they have to makes no sense to me. Too risky, and for no reason!

    Post # 14
    Member
    2166 posts
    Buzzing bee
    • Wedding: October 2013

    My husband gets paid weekly and I bi-weekly so it makes for weird pay schedule for us with never getting larger paychecks from my husband’s job. I plan accordingly. Larger bills like mortgage and car payments come out on weeks we both get paid and small bills like gas, electric, water, etc. come out on weeks where husband only gets paid, that way we still have sufficient funds for grocery shopping and anything else we want to do. 

    Post # 15
    Member
    5876 posts
    Bee Keeper
    • Wedding: April 2013

    LilliV:  I pay all my bills automatically either by having them charge directly to my credit card or debit my bank account.  Where it’s an option, I’ll have them do this right away rather than waiting for a due date.

    It would stress me out to have to wait on paying bills.  I’ve never run my cash flow that tight (and I realize I’m lucky that I’ve never been forced into that situation!).

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