- This topic has 18 replies, 1 voice, and was last updated October 15, 2007 at 4:13 pm by .
- October 15, 2007 at 4:13 pm #253742
Ahhh drafting the feast or famine field. lol! i would recommend that
any bill you are paying interest on you pay immediately, no matter when
it is due, unless you have already made this month’s payment, then do so
immediately after the close off date for this month.
bills like utilities and others that don’t charge interest i would
write out, put in their mailing envelope with the date it should be
mailed by written where the stamp goes. then mail it just before or no
later than that date.
the reason i say do it this way is because most interest is figured on
an average daily basis balance. so the sooner you pay the lower your
interest will be. and if you find you absolutely must float a bill the
late fees on these is usually much less than those on charge cards and
however, if you don’t mail the utilities and such immediately you could
be earning interest in your checking account if yours is one that pays
if you have some bills you can’t meet before the first paycheck contact
the creditors and explain the situation perhaps they will work with you.
jan whose draftsman is now the autocadd co-ordinator for a world wide
business in ok
> this is a strange question to ask and i need some advice.
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