Are you using dozens of stamps each month when you pay your bills? If so, you could save lots of money by paying your bills online. There are several ways that you can pay your bills without ever having to shell out that $0.42 per bill again.
Set up Online Bill Pay at Your Bank - many banks offer free online bill pay to their customers. You just need to do a one-time set up for each of your bills with the name of the company, the address, and the phone number. After that, all you need to do is enter the amount and the date the bill should be paid. Often, the bank will do a one-day transfer to pay the bill, but if that's not set up, they will send a check. As an example, I have my son's preschool bill set up to pay each month online. Not only do I not have to remember to write the check and drop it off while I'm there, but I save the cost of the check, too. Plus, I save on any potential late fees because I forgot to make the payment.
Set up Autopay Directly with the Billing Company - many companies will allow you to set up auto billing where they will automatically pull the money for the bill from your checking account or charge your credit card with the amount due. Then, you don't even have to worry about paying the bill online.
Are there any other things that you do to save money on postage?
Photo courtesy of scoll22 at stock.xchng.
Hadias
I pay every bill online, that I can. I was one of those people who jumped on the paperless bill pay bandwagon early on.
Before online bill pay I would pay over the phone until many companies started charging a fee.
In addition, when you pay through the company directly unbeknownst to me, what I was doing was giving them access to make withdrawals from your account.
I have had a company take out money on an occasion when I did not authorize a payment. Rather than having multiple companies with access to my accounts the on-line bill pay allows one company (my bank) to handle distributing the payment that I authorize.
Tia
Ha Ha Corrie! I submitted this very topic as a frugal tip for Financial Bliss just Sunday! LOL! Great minds think alike. They are still looking for contributors btw. LMK if you are interested. Thank you again for your fab post yesterday!
momstheword
Yes, we pay bills online too. It's very handy. We buy the "Forever" stamps at Costco. That way, even if the stamps go up, we can still use the Forever ones at the lower price. Of course, eventually they'll run out but they're a great deal for now!