Organizing Your Money in 4 Easy Steps
If you recently enrolled in a debt relief program to assist in paying off your debts, learning a few tricks to keep your finances organized will be important to your success.  

Would you believe that a big reason so many people become late with their monthly bill payments is just case of misplaced bills?  Well, it is true. Lack of organization with your finances can wreak havoc on your financial well-being and keep you from achieving your goals to pay off debt.

We want you to be successful and meet your financial and debt-related goals, so we have put together four quick and easy steps you can take today to help you become more organized with your finances. 

1. Schedule Your Due Dates 

Do you know when your various bills are due each month?  Surprisingly, this is the biggest area of opportunity to organize your financial life. Scheduling the due dates for your bills each and every month is simple, yet effective in keeping those payments on track. Dedicate a calendar; use your planner, Google Calendar, or whatever system is both easily accessible for updating and easily allows you to input the due date every time you receive a bill statement in the mail. If you are feeling particularly ambitious and using an online calendar, schedule reminders for five to seven days prior to when the bill is due, to ensure you get it mailed on time and have sufficient funds on hand to make that payment.

2. Leverage Online Bill Pay 

Tired of making late payments? Leverage the online bill pay feature offered by almost all utilities, banks, and major creditors to automate your monthly payments.  To ensure you have sufficient funds in place, remember to continue scheduling your due dates, but use online bill pay to ensure that your bills are paid on time each and every month.  Paying on time is a very important thing to do to remain in good financial standing.  It is also much easier than juggling envelopes, keeping stamps on hand, and getting to the post office on time.

3. Budget 

Budgeting can do so many things for your financial goals. After you become comfortable using a budget to maintain your expenses, you can use the same budget to achieve savings goals and more. To learn how to budget successfully, click here.  

4. Pay Off Your Debt 

It can be hard to determine if you can pay off your debt on your own or if you need help.  A quick assessment of your interest rates can help you make this decision. If the interest rates are 10% or less, you can probably pay off the debt yourself. A debt calculator like Debt Payment Pro can help you figure out which debt to pay off first.

If you have interest rates greater than 10%, you should consider getting some help from a debt consolidation or debt management plan. For more information about debt consolidation, click here.