Paying Bills with Roommates on Time

Paying Bills with Roommates on Time

  When living with roommates, paying bills on time may end up being a problem if one, if not all roomies ar   e on top of things.  With multiple roommates, it becomes even more difficult to make sure each person is contributing their portion in a timely manner.  Everyone can get wrapped up in their own day-to-day responsibilities and forget about paying their bills at the beginning or end of the month.  Here are a few tips to avoid problems when sharing bills:    
  • Create a filing system for everyone.  Sort bills that are unpaid and paid for better organization.
  • Setup accounts with more than one person on the account, preferably 2 responsible roommates.  This keeps more people accountable and tends to keep up awareness of unpaid bills.
  • Check your account to make sure you have enough funds to cover the bill before you cut a check.  This will prevent overdrafts from occurring in your personal bank account.
  • Make sure charges on the bill are correct.  Cross-referencepaid bills with unpaid to make sure there isn’t a mistake made by the company.  This also allows you to keep other roommates informed as to what’s going on with your bills.
  • Keep communication levels up.  If there is a change in payment amount, make sure your roommates know.  They may be in the habit of writing checks for recurring payments, and end up writing a check for an incorrect amount.
Source: Creditcards.com Picture Courtesy of: catd_mitchell
Related Topics (2)

Recommended Posts

Quick & Easy Meals to Cook at Home

Quick & Easy Meals to Cook at Home

ForRent.com and guest blogger, Katie, from Katie’s Cucina are excited to bring to you the third installment of Cooking with Katie.  Today Katie shows us 3 quick and easy meals to cook at home. Option 1: Chicken Teriyaki Teriyaki Sauce Chicken Frozen Vegetables Rice In a sauté pan, combine the teriyaki sauce and chopped raw chicken, and then […]

read more
10 Tips to Make Your Next Move a Smooth Transition

10 Tips to Make Your Next Move a Smooth Transition

Moving to a new apartment can be exciting – after all, it provides a fresh start and an opportunity to decorate your space in a way that shows your personality. However, in order to get ready for the big move, you have to pack up all of your belongings! This may be the least exciting […]

read more
Fall Mantel and DIY Wreath

Fall Mantel and DIY Wreath

This DIY Fall Wreath and Fall Mantel Decor won't take up space, break the bank or take up extra time in your busy holiday schedule!

read more

Pick a Category or Topic

Categories

Topics