You Should Never Put These 9 Bills On Autopay! ( Here’s Why)

Bills

Autopay is the sure-fire way to pay any bill on time to minimize the risk of late fees or forgetting the due date. If you don’t want to forget payments and face the penalty of late fees, you can set your bank account to pay your bills automatically.

However, setting up an automatic payment deal doesn’t work for every expense. It can only be ideal for your car or mortgage expenses because these payments don’t fluctuate every month. You should keep track of what you’re paying for.

A study revealed that an average American spends about $237 per month on autopay subscriptions, and a number of them underestimate what they think they owe.

Therefore, before you decide to place all your expenses on autopay, there are certain bills you should keep a closer eye on. You shouldn’t include these bills in your autopay.

Utility bills
Photo by Tyshchenko Photography from Shutterstock

Utility Bill

It’s safer not to set utility bills on autopay. Your gas, water, and electricity do fluctuate every month. You can sign in to your account every month, which grants you access to review statements before making payments. As a result, any unusual price accumulation will easily be noticed.

For example, you could notice an unprecedented increase when it comes to your water bill, and that could be associated with a leaky spout or running toilet. This will enable you to repair the loopholes so they won’t constitute your bill. Monitoring your bills will also help you cut some habits that are likely to retain more energy than usual.

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4 thoughts on “You Should Never Put These 9 Bills On Autopay! ( Here’s Why)”

  1. Some of your mentioned that you shouldn’t put on autopay is automatically deducted every month whether you want it or not. Amazon and Ancestry are automatically deducted as is Newspapers.com and local newspaper. Had to choice. I did put electric and cell phone on automatic BUT still get the paper copy of the bill each month. You have to request they keep sending you the bill even though on autopay. That way I can keep watching the charges.

  2. Hi Elizabeth.

    Said my note didn’t go through. If you receive two, sorry!

    Do you know what this is? It is all over every platform. Most of the people I know say it’s a scam. I never open it. I will kick myself if it isn’t a scam but I figure you know everything in the world of finance. Thanks. Pat
    Coming: $3,708 Home Stimulus
    All homeowners are due a large stimulus this month (but only if they
    claim it)
    Saving Report
    Open

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