Easily distracted bill paying

If I had the checkbook, I didn’t have a stamp. Or a pen.

Now that I pay online, I still forget to actually hit submit.

But if you want the Money Game to grow, you have, have, have to get your finances organized. If you’ve been reading here regularly, you know that means having software to make your checkbook function like electronic envelopes.

It also means paying your bills when they come due. No bank is going to pay you enough interest worth getting hit with a late fee. So aim for paying it the day it hits your inbox (or mailbox for some of them).

Use YNAB to set enough aside each pay period so that you can just pay it when the bill comes.

If you still pay some bills by snail mail, keep stamps in your checkbook and don’t move them for anything. Always keep an extra set of stamps. As soon as you start on the new set, add “buy stamps” to list of things to do.

This probably sounds like overkill but I also keep a pen in my checkbook.

Keeping this part of your life under control will save you some serious money and improve your credit rating. There’s also something freeing about paying a bill the day it comes to you. You don’t walk around with that weight and constant mental nagging of knowing there’s something you are supposed to do.

George asked me to stick part of any extra fuel money in vacation. We came way under again this week. $4.06 went into the vacation category and $40 is going in our Money Game.

Today’s Deposit: $40.00
Level Completed: 167 out of 251
Amount Deposited this month: $1,218.16
Total Balance: $17,735.65
Our Money Game fund has increased 7.4% so far this month.

$409.99 is needed to reach the next level

New? Start here …

Google Doc spreadsheet showing all 250 levels of the Money Game

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