Even people who have paperless billing set up will put off opening bills. For a lot of people, it can be easier to postpone looking at their bills if they can’t see them hanging around the house. If this sounds like you, switch from paperless billing to conventional billing.
So that you won’t be tempted to skimp on irregular expenses, it’s best to put this money in the same account as you use for your regular bills. That way, the money is there when you need it. Budget for items that you may not buy monthly, such as clothing, so that you always have some money tucked away when you need new items. [13] X Research source
Necessities are the types of bills you need to pay in order to survive. Thing like mortgage or rent, your utility bills, your grocery bills, and any bills that allow you to work, such as child care or car payments. A secured debt is a debt that is secured by some type of collateral. That means that if the debt goes unpaid, then the creditor can repossess whatever you have as collateral without first taking you to court. This includes mortgage and car payments (which are also necessities), as well as child support (which uses your wages as collateral) and back taxes. After you’ve paid off your necessities, pay these. [16] X Research source Lastly, pay your unsecured debts. In order for a creditor to seize your property in order to satisfy an unsecured debt, they first have to take you to court. Since it takes a long time for a court case to come to bar, even if you get behind on these debts, you will have more time make things right with your creditors than you do with secured debts and necessities. Try to pay big, irregular bills over several monthly if you can’t pay all at once. You may be able to negotiate with your creditor to space out your payments. Either way, it’s better to pay what you can rather than nothing at all.
