(Visual Description: How to simplify paying your bills
Money and Mindset
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Speaker 1:
Make paying bills easier.
Bills are facts of life. While it's not much fun to pay them, it sure feels good to have some control over them, and there are ways to make paying bills each month a little more simple.
Juggling multiple bills and keeping up with different payment methods can be complicated.
Plus, bill due dates don't always align with your paydays, which could lead to late payments and fees that can hurt your credit.
(Visual Description: Mismanaged bills may cause:
Late payments
Late fees
Credit issues)
Streamlining when and how you pay your bills helps organize your money and may give you more control over your cashflow.
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As a first step, review the dates when your bills are due. If they're concentrated in one part of the month, contact the companies to see if you can change your due dates to align with your pay schedule.
Try and split your bills between paydays so your payments aren't all coming from one check.
You can also set up automatic payments to help make sure you don't miss any due dates.
And if your job offers direct deposit, that's a great way to make sure you're getting your paycheck as soon as possible.
Following these tips to simplify your bill payments can reduce stress while helping you get more organized and more confident with your finances.
For more tips and inspiration, visit truist.com/moneyandmindset.
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