Well, I will confess that I lack an organized and efficient manner of paying paper bills (lots of them are automated-but not our water and sewer which are billed every two months staggered - one month water, one month sewer, etc.)
Yesterday I got in the mail "You forgot to pay your sewer notice" Sure enough after not a lot of digging it was there in the un-used wine rack above where my laptop is. Had I paid it prior to the 15th it would have been $40.20. Now it is $44.22. A 10% penalty ... could have been $39 as in a credit card payment, but I am wasting money ...
And to think I actually thought about paying my insurance non-monthly (just doing the quarterly premiums and saving the $1 per month fee - like $12.00 a year savings)
I need to get organized and watch things better ... and get over the $4 wasted dollars ... I am a work in progress
Squandered $4.02 on Late Payment - UGH! Demoralizing...
February 21st, 2008 at 02:02 pm
February 21st, 2008 at 02:09 pm 1203602940
I typically take my bill, round up, and then divide by 2. That's how much I would save up for it each month....
But the good news is that $4 is more of a psychological blow than a financial one. So, in the end, not much real damage is done.
February 21st, 2008 at 02:23 pm 1203603795
Just enough trauma for me to the mental math: $4 X 6 = $24 a year that could be wasted on late sewer bill payments ...
February 21st, 2008 at 02:52 pm 1203605564
February 21st, 2008 at 11:23 pm 1203636237