Comments on: Paying Bills Vs. Money Management – The Difference Between Surviving And Thriving

By: Mark

Mark — Thu, 03 Apr 2008 01:48:20 +0000

My wife and I took a hit of $30,000 last year in take home income. I got hurt in Feb 07 and as of today I’m still out of work. I thank God that we were not the types to go out and buy toys. Neither my wife and I have the I wants. Or the I got to haves. That being said we were still wasting money. Last month alone we had spent over $300.00 eating out and another $320.00 on groceries. That’s just for two of us. We’ve cut back on both and even with the cut in income are comfortably able to live on the money we make. We are able to save 10% and give another 10% to the church. It pays to be frugal!

By: Jess

Jess — Tue, 01 Apr 2008 19:53:41 +0000

I have gone to paying the majority of my bills online. The one bill (aside from rent) that I can’t pay online, I still receive an emailed statement. This has helped me tons. I HATE writing checks and, even more, I LOATHE buying stamps, envelopes and remembering to stick it in the mailbox.

I have a spreadsheet that I use to track, essentially, my bank balance. It’s split up by pay periods. So after I get paid every two weeks, I know what has to be paid out of that paycheck.

The only thing is, I’m still not getting ahead. My bills are getting paid on time, and that is a plus. But I’m still not getting ahead.

By: Stephanie Chance

Stephanie Chance — Tue, 01 Apr 2008 17:03:53 +0000

I used to save up all the bills, and I dreaded sitting down to pay them. But since I started budgeting, I actually look forward to paying the bills so I can get it over with. Since I know what we have and what we owe, there’s no uncertainty. I get irritated with companies that take too long to post the amount owed on the website because I want to go ahead and pay it as soon as possible so I can mark it off.

By: debtdieter

debtdieter — Tue, 01 Apr 2008 04:46:38 +0000

I now treat every dollar, every single dollar, with great respect.

I just love this sentence! I realise I’ve made progress but I’m not treating each and every dollar in the way I should.

I’m going to start doing this from my very next pay on the 15th April.