Are you trying to find ways to get ahead of your bills? Getting a month ahead on your bills can be a great help.
In our daily life and especially in blogging your income may vary from month to month due to various reasons.
At times like that, it might make you a little anxious to think about how to pay your bills without waiting for the next pay check.
In this article, we talk about ways to get ahead of your bills and ways to look towards paying bills months ahead.
How should I track my bills?
When it comes to getting ahead of your bills, the best thing you can do is track your bills.
If you keep track of your bills, it will be easier to figure out how to get ahead of them and pay them in advance.
Then you can try ways to make sure you can pay your bills each month without worrying about your next paycheck.
The key to tracking your bills properly is to not only track the ones that are due but also the ones that are coming next.
You can also mark the bills as they clear your accounts.
For tracking down your bills properly, you need to organize them first, whether they are paper bills that you receive in the post or online bills.
Secondly, you should dedicate time and place to paying your bills every month, whether you pay as you go or direct debit.
You can also try making a list of all your bills, their amounts, and due/payment dates.
Creating a bill paying calendar or setting up reminders can also be a great way for you to track your bills and payment amounts and dates.
What are some ways to make sure you can pay your bills?
Do you need some help to figure out how to get ahead of your bills?
Sometimes it may be stressful to always keep waiting until you get your next pay check before paying your bills.
Here are some ways to manage your finances for you to get ahead of your living expenses.
Lowering your bills is a great option for making sure that you can pay them each month.
Try to negotiate your bills and turn them into a lower amount.
You can usually get a discount on broadband, TV and mobile phones by negotiating, especially when you are at the end of a contract.
Sometimes we may be spending money on bills that we don’t even notice.
For example, you might have a gym membership but you haven’t gone to the gym in months.
Check if you are insuring electronic products that you no longer own.
Sometimes small amounts add up.
Rather than paying a yearly membership, pay a monthly one.
That way you will be able to save some money rather than wasting it.
Another way to lower your bill is to cut your cable or entertainment packages.
Cable, Sky TV and packages cost a lot these days so switch to a digital one/ freeview or freesat instead.
You can also switch to Netflix or lower your phone bills to save a lot each month.
Get on a strict budget
Going on a strict budget can actually help catch up on your living expenses and get ahead of them.
So make a written budget and create a list of how you are going to spend the money as well as save some.
Sometimes we spend money without even realising.
Consider keeping a money diary to see where your money is going.
You might be surprised to see how little and often amounts add up.
Don’t deprive yourself completely of the pleasures of life but consider whether you really want or need them.
Finding a cheaper supplier
You can always find a cheaper supplier of services these days.
So try to do that and save some money to get ahead of your expenses.
Rather than going with expensive utilities, go for cheaper options.
It is easy to switch online and the process is quite painless.
You can also save a lot from your shopping and groceries by considering online grocery packs or recipes boxes.
They send you the right amount of food and ingredients that you need so that you don’t spend too much and there is 0 waste.
You can also try doing HIIT or any other workouts at home rather than spending money on expensive gym memberships.
There are many workouts available on YouTube and other streaming platforms.
Considering the need for purchases
The most important step to go ahead with your bills is to consider your need for your purchases.
Sometimes we tend to spend money on things that we don’t even really need.
Spending money that way causes a lot of waste as well as problems in the future.
So whenever you are purchasing something, make sure to ask yourself if you really need it.
That way, you will be able to prevent yourself from spending too much and leaving yourself without.
From now on, whenever you are spending money on something, whether that be a new membership or a product, double-check if you really need it.
Cutting back on expenses
It is always important to live within your limits to be able to afford to pay your bills.
So, take that one step further and cut back a little bit.
It might seem hard at first but it will become easier as time goes by.
For example if you cut back on your spending by just 10-15% and you will be able to get ahead of your bills really easily within a couple of months.
Not only cut back but also make sure to put some funds into your savings account.
If the money is lying arounde, you might be tempted to spend it.
Saving the extra money
Sometimes you might get extra pay checks, tips or bonuses due to specific occasions.
No matter what the occasion be, don’t get hasty and spend it immediately.
Make sure that you put aside some of the money for your “get ahead fund.”
That way, it will be easier for you to pay your bills if your pay checks are running late or are shorter.
You may also suddenly get a raise but when that happens, make sure to put aside an extra amount.
If you save an extra amount every month, you will be able to pay your bills timely in case of any problems.
Creating an emergency fund
Emergency funds do come in very handy sometimes, especially if there are banking problems.
Having an emergency fund is really important as it helps you from going into debt in difficult times or when an unexpected expense pops up.
So make sure you create an emergency fund of your own as it is the starting point of getting ahead of your bills.
You can have a way to back up at difficult times and be able to pay your bills without any problem if you have one.
After reading this article, hopefully you will be able to find some ways to get ahead of your bills.
So, try some of these techniques out in order to make sure that you can pay your monthly bills, in full and on time.