25 August 2010

Get Organized and Pay on Time

For every payment you pay late, you are charged a late fee, which can be up to  $50 depending on the company. Late fees are not budgeted for (or they shouldn't be!), so if you are constantly paying them you are going to have trouble balancing your budget. Not only that, with extra fees being constantly added to the debt it is going to take longer to get it paid off, as well as paying extra interest just because you weren't organized enough to pay your bills on time. To avoid spending unnecessary money, be sure you make your bill payments in time to avoid these fees.

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