Comments on: Save Money By Checking Your Automated Finances http://www.howisavemoney.net/finances/save-money-checking-automated/ Tips and tricks to save money, manage credit and reduce debt Fri, 10 Feb 2012 17:53:29 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: LuLuGal http://www.howisavemoney.net/finances/save-money-checking-automated/#comment-16198 LuLuGal Tue, 07 Jul 2009 14:08:45 +0000 http://www.howisavemoney.net/?p=3107#comment-16198 @ Online College, I can understand how you feel but sometimes automating really helps. Not to put a damper on anything but what happens if you have an emergency or end up in the hospital? Automating your finances makes a lot of sense there. While it is true that I do check on my things every week I do so because automate does NOT mean set and forget. It just means that there is a little peace of mind for the times when I am not able to physically write a check or pick up the phone to pay a bill. When I had my surgery and was laid up in bed for a week I was very happy to not have to think about the bills getting paid because everything was set. @ Online College,
I can understand how you feel but sometimes automating really helps. Not to put a damper on anything but what happens if you have an emergency or end up in the hospital? Automating your finances makes a lot of sense there.

While it is true that I do check on my things every week I do so because automate does NOT mean set and forget. It just means that there is a little peace of mind for the times when I am not able to physically write a check or pick up the phone to pay a bill.

When I had my surgery and was laid up in bed for a week I was very happy to not have to think about the bills getting paid because everything was set.

]]> By: How I Save Money Visits: 7 July 2009 | How I Save Money.net http://www.howisavemoney.net/finances/save-money-checking-automated/#comment-16197 How I Save Money Visits: 7 July 2009 | How I Save Money.net Tue, 07 Jul 2009 14:05:05 +0000 http://www.howisavemoney.net/?p=3107#comment-16197 [...] “Save Money By Checking Your Automated Finances” at How I Save Money . [...] [...] “Save Money By Checking Your Automated Finances” at How I Save Money . [...]

]]> By: Online College http://www.howisavemoney.net/finances/save-money-checking-automated/#comment-16191 Online College Mon, 06 Jul 2009 14:35:04 +0000 http://www.howisavemoney.net/?p=3107#comment-16191 I can't even begin to tell the banking woes I have had since the recession has hit. It seems like the banks have had fun trying to mess everyone up even more than they messed themselves up! Checks are taking longer to clear and I actually had one bank close my account saying I owed money to another financial provider. I quickly got this resolved but it was quite the hassle. Therefor I have been hesitant to set up automated payments I like to know it is paid and I don't have any issues. I can’t even begin to tell the banking woes I have had since the recession has hit. It seems like the banks have had fun trying to mess everyone up even more than they messed themselves up! Checks are taking longer to clear and I actually had one bank close my account saying I owed money to another financial provider. I quickly got this resolved but it was quite the hassle. Therefor I have been hesitant to set up automated payments I like to know it is paid and I don’t have any issues.

]]> By: Charlie@PayLessForFood.com http://www.howisavemoney.net/finances/save-money-checking-automated/#comment-16186 Charlie@PayLessForFood.com Sat, 04 Jul 2009 14:01:58 +0000 http://www.howisavemoney.net/?p=3107#comment-16186 LuLu Gal, You are so right. A lot of people set up automatic payment plans and walk away thinking there's nothing more they need to do. Another reason to check your automatic payments is that credit cards companies sometimes purposefully change their payment due dates moving them earlier in the month. In this way your automatic payment will now be late triggering late fees and penalty interest rate. <abbr><em>Charlie@PayLessForFood.com’s last blog post..<a href="http://feedproxy.google.com/~r/PayLessForFood/~3/9-DS3qr1gB8/" rel="nofollow">The Beans and Rice Way to Better Health and More Wealth.</a></abbr></em> LuLu Gal,

You are so right. A lot of people set up automatic payment plans and walk away thinking there’s nothing more they need to do.

Another reason to check your automatic payments is that credit cards companies sometimes purposefully change their payment due dates moving them earlier in the month. In this way your automatic payment will now be late triggering late fees and penalty interest rate.

Charlie@PayLessForFood.com’s last blog post..The Beans and Rice Way to Better Health and More Wealth.

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