Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Re: Best Way to Pay Bills?
Old 11-05-2006, 08:05 PM   #41
Recycles dryer sheets
 
Join Date: Apr 2005
Posts: 184
Re: Best Way to Pay Bills?

I pay all my bills via bankin on line. Works great.

Yet I still get "paper delivery" of the bills each month - I stack them and then log in and pay at once.

Does everyone get "electronic delivery" - I guess an email -of the bill ? I kind of like the paper record and I'd be afraid I'd miss if only came by email.
__________________

__________________
Delawaredave is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: Best Way to Pay Bills?
Old 11-05-2006, 08:18 PM   #42
 
Posts: n/a
Re: Best Way to Pay Bills?

Quote:
Originally Posted by Delawaredave
I pay all my bills via bankin on line. Works great.

Yet I still get "paper delivery" of the bills each month - I stack them and then log in and pay at once.

Does everyone get "electronic delivery" - I guess an email -of the bill ? I kind of like the paper record and I'd be afraid I'd miss if only came by email.
Why not use Automatic Electronic Withdrawals? - No need to even think about bills then! - No need to stack them, Log them in and pay them at all!

When I download transactions into my Quicken Account they are automatically entered into the register and catagorized for budgeting purposes.
__________________
  Reply With Quote
Re: Best Way to Pay Bills?
Old 11-05-2006, 08:29 PM   #43
Thinks s/he gets paid by the post
Goonie's Avatar
 
Join Date: Oct 2006
Location: North-Central Illinois
Posts: 3,198
Re: Best Way to Pay Bills?

Quote:
Originally Posted by Delawaredave
Does everyone get "electronic delivery" - I guess an email -of the bill ? I kind of like the paper record and I'd be afraid I'd miss if only came by email.
Some of my accounts send an email stating something to the effect "New Statement has been posted". But regardless of email notification or not, I know what date a new statement posts, (ins, CC, etc) so I just log on to their site, and pay the piper.

I have gone paperless on some, and am in the process of doing the same with the rest. They say that a vast amount of identity theft occurs through the theft of snail mail. I have not had that problem up to this point, and am making every effort to never have that problem. The mail doesn't have to be lifted from your mailbox either....sometimes it just accidentily gets drop at the wrong address. Ocassionally mail will stick together, and I will get some of my neighbor's mail, which for us is not a major problem since we pick up each other's mail during vacations or whatever.

So you get your paper bill, write a check, and drop it in the mailbox. Will it arrive at the proper destination on time? Or at all? There is no guarantee. You cross your eyes fingers, and hope so. With online payments at the vendor's website (ins, CC, etc) it's a "done deal" in a matter of minutes (or less) and they give you a payment confirmation number right then. Or use your Bank's BillPay option and get about the same benefit, except the payment doesn't post as quick...it may take a few to several days. But it is still more secure than a check through the mail.

In a nutshell.....Paperless is by far more secure!!! (IMHO)
__________________
Goonie is offline   Reply With Quote
Re: Best Way to Pay Bills?
Old 11-06-2006, 12:40 PM   #44
Full time employment: Posting here.
kaudrey's Avatar
 
Join Date: Feb 2006
Location: Alexandria, Va
Posts: 943
Re: Best Way to Pay Bills?

peggy said: I have a combination of automatic withdrawals (mortgage, utilities, car payment) and otherwise use my bank's electronic bill-pay program.

-----

Me too! I get most of my bills through email too, less paper for me, the better. I haven't missed a payment by not getting paper.

karen
__________________
Two roads diverged in a wood, and I - I took the one less travelled by...
kaudrey is offline   Reply With Quote
Re: Best Way to Pay Bills?
Old 11-06-2006, 12:44 PM   #45
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 8,620
Re: Best Way to Pay Bills?

I do not get the same satisfaction from e-bills as I do paper bills. With an e-bill, I cannot wave the statement in front of my spouse and say, "Look! Don't run the A/C so cold because it cost you an extra $638 last month!"


Sure, I could print out the e-bill, but why waste my time?
__________________
LOL! is offline   Reply With Quote
Re: Best Way to Pay Bills?
Old 11-06-2006, 01:26 PM   #46
Recycles dryer sheets
BOBOT's Avatar
 
Join Date: Aug 2006
Posts: 415
Re: Best Way to Pay Bills?

Quote:
Originally Posted by Mr._johngalt
Bourbon. After a while, you don't care what you were charged.

JG
That's how I do my taxes!
__________________
I still don't get it...
BOBOT is offline   Reply With Quote
Re: Best Way to Pay Bills?
Old 11-06-2006, 07:18 PM   #47
Thinks s/he gets paid by the post
 
Join Date: Aug 2004
Location: Laurel, MD
Posts: 2,951
Re: Best Way to Pay Bills?

Quote:
Originally Posted by Delawaredave

Does everyone get "electronic delivery" - I guess an email -of the bill ? I kind of like the paper record and I'd be afraid I'd miss if only came by email.
I get sooo many emails, these could get lost in the shuffle, so I stick with snail mail delivery and pay online with BofA. I would consider e-bills, but they gotta make me an offer to share the savings.......my minimum would be $1 per mo or some comparable consideration. My ex-phone co charged this much for paper statements. If I e-bill, I would get paranoid without having a piece of paper, so by the time I print the e-bills to scrutinize, breakdown my cost per unit volume, and extrapolate the results.........its costs me ink, paper, etc.
__________________
...with no reasonable expectation for ER, I'm just here auditing the AP class.Retired 8/1/15.
jazz4cash is offline   Reply With Quote
Re: Best Way to Pay Bills?
Old 11-07-2006, 03:40 AM   #48
Full time employment: Posting here.
 
Join Date: Jun 2006
Posts: 718
Re: Best Way to Pay Bills?

We pay everything online through Bank of America. Works really well for us. We try to charge everything we can on one of our credit cards. At the end of the year we get a few hundred dollars back. If you dont carry a balance its free money
__________________
Mwsinron is offline   Reply With Quote
Re: Best Way to Pay Bills?
Old 11-07-2006, 10:44 PM   #49
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 16,475
Re: Best Way to Pay Bills?

One of the best things about doing all electronic statements, electronic bill pay (especially the notification), etc., is that you don't have to worry about bills getting paid while you travel - assuming you travel with a computer, of course. Our lives got a lot easier a couple of years ago when we went with all electronic or automatic bill pay.

And now it's essential! It's much easier being a fulltime RVer when everything can be done electronically, as snail mail has to be forwarded and that really slows things down. I feel much more secure not having any paper bills forwarded (especially not credit card statements). And (almost) all my mutual fund statements are done on-line.

But they still have to send those darn IRS forms by snail mail! Major security problem IMO - I actually had some "get lost" in the mail early this year and had to do the whole credit freeze bit.

Audrey
__________________
Well, I thought I was retired. But it seems that now I'm working as a travel agent instead!
audreyh1 is online now   Reply With Quote
Re: Best Way to Pay Bills?
Old 11-08-2006, 05:14 AM   #50
Thinks s/he gets paid by the post
 
Join Date: Sep 2006
Posts: 1,318
Re: Best Way to Pay Bills?

Quote:
Originally Posted by audreyh1
One of the best things about doing all electronic statements, electronic bill pay (especially the notification), etc., is that you don't have to worry about bills getting paid while you travel - assuming you travel with a computer, of course. Our lives got a lot easier a couple of years ago when we went with all electronic or automatic bill pay.

And now it's essential! It's much easier being a fulltime RVer when everything can be done electronically, as snail mail has to be forwarded and that really slows things down. I feel much more secure not having any paper bills forwarded (especially not credit card statements). And (almost) all my mutual fund statements are done on-line.

But they still have to send those darn IRS forms by snail mail! Major security problem IMO - I actually had some "get lost" in the mail early this year and had to do the whole credit freeze bit.

Audrey
I don't even file paper tax returns anymore. If you use a financial software such as Quicken you can download your information into Taxcut or TurboTax software and e-file. This will even make it much easier for travellers don't you think?
__________________

__________________
Corporateburnout is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Military pension and pay - how much is it past 20 Average Joe FIRE and Money 13 03-18-2007 11:22 AM
Reserves/NG and the 40-year pay tables Nords FIRE and Money 9 02-15-2007 11:12 PM
pay off the rental mortgage or refinance and invest the difference? WM FIRE and Money 19 02-12-2007 06:32 PM
Pay off 6.375% student loan first? CompoundInterestFan FIRE and Money 8 02-04-2007 10:18 AM
Take Severance Pay and Run? BigMoneyJim Other topics 10 08-18-2003 08:31 PM

 

 
All times are GMT -6. The time now is 06:03 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.