NDSU Extension Service - Ramsey County


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Organized for Bill Paying

Organized for Bill Paying


                Having difficulty keeping up bills?  Not just dollar-wise but also time-wise?  Sorting through, paying and recording bills for all of that makes up our modern life – car payment, insurance, cable bill, cell phone bill, mortgage payment, utilities, department store cards, and more – can be time consuming and confusing.

                It’s easy to lose track of everything you need, but a good organizing system can keep things right at your fingertips.  A dedicated location for all of your bills and important papers will simplify bill paying .  That location can be elaborate or simple.  Yes, a home office might be ideal, but an accordion style folder can also get the job done.

                When you receive any bill or important letter from a creditor, put the correspondence in its proper place in your business center. Important papers may be separated by using large envelopes or individual file folders in a box or cabinet. Another alternative would be to use a three-ring notebook with dividers. Label the file folders or dividers according to the types of records you keep. For example, labels might be tabbed as follows:

Net worth statement

Record of earnings

Record of expenditures

Location of legal records

Health records

Real estate records

Family papers

Household inventory

Employment records




Clothing care and information

Credit card and installment payments


Tax records

                Keep supplies needed for handling your business transactions in your business center. Keeping enve­lopes, stamps, pens, pencils, checks, a calculator, and a calendar at your fingertips will speed your monthly bill paying. If you have a computer, you may want to use a record keeping program.

                The point is to know where your financial papers are, including bills. Then commit to visiting your financial center each week.

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