It’s Easy to Pay Your Bills… When You Have Enough Money

My mother came to live with us about six months ago.  She has a great deal of anxiety and it has been extremely difficult for her to pay her bills for the last couple of years because just the thought of writing checks and making sure everything gets paid stresses her out.

She had a checking and savings account with a credit union but we soon found that it would be difficult to work with them since there are only two branches and both are quite a distance from where I live.  So we decided to open an account for her where I bank, and she wanted me to be on the account so that I could have access to her account in case she couldn’t handle her money herself.

Dollars We’ve settled into a comfortable routine.  She has all of her bills coming by mail and she collects those in one place as they arrive.  She writes the amount due on the outside of the envelope and when the bill is due.  Her money comes in on the 3rd, so I try to pay everything close to that date or within a couple days after.

I also have typed up a list in Excel of the bills that are due so we can verify that we have everything.

I began paying her bills in December.  I logged into the checking account online and set up all the payees.

This brings to mind a memory of a bank with commercials on television of a young woman who was drawing a bath.  She starts the water running, then she logs into her checking account and pays all her bills.  Hah!  That is not my experience and I felt like it was a big fat lie.

My mom’s bills come to a whopping $235 a month.  Her monthly income is just over 4 times that amount.  So she has more than enough money to pay her bills. It is truly a matter of turning on the water in the bathtub, log in and boop, boop, boop, boop, enter all the dollar amounts, which some of them are the exact same amount every month and hit send.

Done.

Simple.  Easy.  Not one iota of stress for me.  Now my mother does not use computers, and so she was doing everything old school.  Writing checks, stuffing envelopes, licking stamps… and she didn’t get mail service at her home.  She had to have a post office box, so there was one more step, just to get bills paid.

In paying her bills, I am realizing why it is so difficult for me, and why I tend to get stressed out over paying my bills.  I am $300 per month short on our personal finance expenses.  And that’s a bare bones budget.  If there are five Thursdays in the month, I’m $720 short.  Plus I have blogging expenses.  Thankfully I am earning money through blogging, so I am scraping by.  But when it comes time to pay bills I have to calculate what I need to leave in my business account to pay those bills, then take an “owner’s draw”, and then recalculate and pay bills from this account and that account.

I’m looking forward to the day when I have enough money coming in to pay my bills without having to move money here and there and back and forth.

What about you?  Do you have enough money to pay your bills?

This post was included at:

Carnival of Retirement at Brick By Brick Investing
Lifestyle Carnival at Master the Art of Saving

OUT OF DEBT AGAIN is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to AMAZON.COM. OUT OF DEBT AGAIN is an affiliate for several companies and may be compensated through advertising and marketing channels. This post may contain affiliate links.

Be Sociable, Share!

Related posts:

14 comments to It’s Easy to Pay Your Bills… When You Have Enough Money

  • Paying bills stresses me out too :( On paper we don’t make enough to cover everything but it’s been working out ok when Mr. Money gets a little overtime. We’ve just been taking it one day at a time.
    Mrs. Money recently posted..Start a Cleaning RoutineMy Profile

    [Reply]

    Mrs. Accountability Reply:

    Oh Mrs. Money, I’m sorry you have the same thing going on! No fun. I think you’re wise to take one day at a time though and hopefully Mr. Money gets a nice raise! Overtime just takes him away from you and Little Penny. :-(

    [Reply]

  • Mrs. Jim

    Oh I remember those days of barely squeaking by paying the bills. One thing that (seriously) really helped me was every time I wrote a check for school loans I’d say a prayer of gratitude that we were once again (altho just barely)able to make that payment. That attitude of being grateful made paying bills a pleasure, not a burden. It got to the point where paying bills became a good experience, dare I say joyful, just because we were able to do so. Hope that helps someone.

    [Reply]

    Mrs. Accountability Reply:

    Hi Mrs. Jim, thank you for these words of wisdom. I do know that it helps to be grateful (positive) instead of complaining (negative). In fact I just read a book which talked about water and how it freezes into beautiful crystals when exposed to positivity. Very interesting and the book went on to discuss how we humans are more than half water, and how being positive or negative can affect us so powerfully. Thank you for sharing your experience!

    [Reply]

  • Doesn’t it seem like bills seem to expand according to how much money is coming in to pay them? There never seems to be much left over to do those extra things you want so much to do. When there is extra left over, something usually happens to gobble it up, like an unexpected car repair or doctor visit. I guess we should be grateful to just get by!
    Deborah Collins recently posted..Is the Virgin Mary Appearing on Earth?My Profile

    [Reply]

    Mrs. Accountability Reply:

    Yes, Deborah, why does this happen? I know the “cost of living” has something to do with it… gasoline prices skyrocketing in the last few years so that $3.35 is just normal and acceptable to us, some foods have doubled in price. I remember years ago when we first moved out here I had a car payment and now I cannot afford a car payment. I was working one day less a week back then, too. And yes, if any extra money comes in, something waves its hand and screams for attention! And yes, we should just be grateful that we have a roof over our heads and can make ends meet. It could definitely be a lot worse!

    [Reply]

  • We are at a stage where paying the bills is not an issue anymore and fortunately the money is ready even for the next month, if needed. We’re now concerned with saving more for the future, especially with a new member in our family.
    dojo recently posted..Saving money vs. saving time when it comes to caring for a newbornMy Profile

    [Reply]

    Mrs. Accountability Reply:

    Dojo, congratulations on your baby girl! That is a wonderful place to be with your finances, you and your husband have done a great job in that area. Best of luck to you!

    [Reply]

  • We do have enough money to pay our bills now, but that wasn’t always the case. In the past we’ve run a credit card balance for months at a time while things got caught up. This always stressed us out.

    We managed to break that cycle by reducing spending and increasing income. Now we’re in a much better spot.
    Thomas recently posted..Donate Blood For MoneyMy Profile

    [Reply]

    Mrs. Accountability Reply:

    Hi Thomas, I do know the feeling of having that credit card balance, and I know how it feels to not have that credit card balance which is a great place to be. Congratulations to you and your spouse. My husband and I are looking at some of our expenses to see where we can cut some corners and hopefully we can eliminate or lower a few things to make it less stressful. Thanks for stopping by and commenting!

    [Reply]

  • Nope. Well, right now because we’re in the middle of the foreclosure that may or may not happen we aren’t paying our mortgage so yes. I wasn’t sure we would have enough for March, but we sold an elliptical machine on Craigslist today so we will have enough. It’s so touch and go right now, though. I know how you feel and hope that your income increases through blogging or other means enough that you have enough. It’s a crap position to be in.
    jennydecki recently posted..Leaning In (or, Don’t Poor People Always Relax?)My Profile

    [Reply]

    Mrs. Accountability Reply:

    Oh Jenny, bummer! Crossing my fingers for you that things will be better for you soon! Thanks for stopping by and commenting!

    [Reply]

    jennydecki Reply:

    It’s okay, we’re all just getting through it together, even if by together I mean online! LOL My fingers are just as crossed for you!
    jennydecki recently posted..I Am Not Going to Starve or Be HomelessMy Profile

    [Reply]

    Mrs. Accountability Reply:

    Definitely! Thanks!! :-)

Leave a Reply

 

 

 

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

CommentLuv badge

Splyced Hosting