2. Set up Automatic Bill Payments
Paying bills is a must, and if we want to save some money, we must not allow unpaid bills to accumulate. Pay your bills on time.
Companies levy late fees for unpaid bills. While it may only be $5 or $10 here and there, the fees gradually pile up. And when it comes to credit cards, late fees might be much higher.
The simplicity of automated payment, the possibility to prevent late payments, and the potential to preserve or increase your credit score are all advantages of automatic bill payments.