Welcome to www.OnlineOrganizing.com -- A World Of Organizing Solutions Your Order Your Shopping Cart About Us Contact Us Site Map
Do You Need Help Getting Organized?Shop For Organizing And Business Development ProductsProfessional Organizing ServicesFind A Seminar, Workshop, Or Keynote SpeakerRead Our Two Free Monthly NewslettersFree Organizing Tips And AdviceResources For Professional OrganizersLearn How To Become A Professional OrganizerUseful Organizing Website LinksUseful Organizing Website Links

Search for:


You Are Here: Home - Expert Advice - The Organizer's Toolbox - Tip Sheets

NEW! - Keywords For This Page:   Bills - Bookkeeping - Finances

Bill-Paying Checklist

Feel free to use this tip sheet / checklist as you tackle your own ""do-it-yourself"" organizing projects. If you would like to REPRINT or DISTRIBUTE this information, please click here for reprinting instructions.


  • select a weekly, twice-monthly, or monthly date for handling bills
  • block this time off on your calendar
  • treat this with as much respect as any other appointment
  • gather your supplies together before beginning
  • checkbook, stamps, envelopes, calculator, etc.
  • set aside a space for bill-paying
  • or create a portable workstation using a hanging file box


  • sort your papers in to five piles
  • banking (account statements, ATM receipts, deposit slips)
  • bills to pay
  • payment booklets for fixed obligations (loans, mortgages, etc.)
  • sales slips and cash register receipts
  • all other statements (insurance, investments, etc.)
  • create one folder for each stored in a rack or box on your desk


  • create a file folder for each month of the year
  • store your bills for that month in the appropriate folder
  • or, create separate folders for each account
  • store receipts and invoices for that account in chronological order
  • create a separate folder for tax documentation and receipts
  • charitable donations, tax payments, itemized deductions, etc.


  • consider online bill-paying services
  • saves time writing and mailing checks
  • you are always guaranteed your payment will be on time
  • bookkeeping software makes reconciling even easier
  • organizes your income and expenses
  • provide your accountant with a printout or file at tax time


  • balance your bank statements with your checkbooks
  • check each item off as you match them up
  • review insurance and investment notices
  • make note of any changes or unusual transactions
  • put reconciled statements in a file folder or binder for that account
  • write checks for your bills and update your check register
  • create "expense projection" sheet instead of a budget
  • list all of your payments for the month
  • gives you a clearer idea of what to expenses to expect


  • list out the bills that you owe
  • prioritize them by due date
  • make up a first-pay / last-pay schedule
  • make sure to pay at least a small amount on every debt
  • keep in contact with creditors to let them know your situation
  • ask for help as you work to pay your bills in full


  • you face eviction or foreclosure if you don't pay
  • late payments are reported to the credit bureaus
  • many landlords and lenders tack on a late fee
  • foreclosure begins after the 3rd consecutive missed month
  • foreclosures are also reported to the credit bureaus
  • you lose every penny put into your home if foreclosed


  • most will disconnect after 60 days
  • there is almost always a reconnect fee
  • you will face a delay in getting your utilities back on
  • talk to provider about a payment plan if you need it


  • most policies offer a 15-30 day grace period
  • after that, the policy expires
  • going without insurance can cost more in the long-run
  • starting a new policy is always more expensive
  • you may not be able to get coverage once dropped


  • you have approximately 90 days before your car is repossessed
  • late payments will be reported to the credit bureaus
  • repossession also shows up on your credit report
  • you lose every penny you have put into your auto if repossessed


  • list out all of the balances you owe
  • make note of the interest rate charged by each card
  • pay the minimum on all cards except the highest interest rate
  • pay as much as you can on the highest interest rate card
  • when that card is paid, apply money to the next-highest rate card
  • keep working your way down the ladder until all are paid off


  • late medical payments are rarely reported to credit bureaus
  • rarely any late payments attached to medical bills
  • can generally continue to seek medical service, even if you owe
  • contact the medical provider to set up a payment plan
  • bills for local services generally not reported to credit bureaus
  • most do not charge late fees and are willing to be flexible
  • they need your business and can offer payment options


Copyright Ramona Creel, all rights reserved-- you are welcome to reprint any article, but you MUST include this resource box.

Ramona Creel is a modern Renaissance woman and guru of simplicity -- traveling the country as a full-time RVer, sharing her story of radically downsizing, and inspiring others to regain control of their own lives. As a Professional Organizer and Accountability Coach, Ramona will help you create the time and space to focus on your true priorities -- clearing away the clutter other obstacles and standing in the way of that life you've always wanted to be living. As a Professional Photographer, Ramona captures powerful images of places and people as she travels. And as a travel writer, social commentator, and blogger, she shares her experiences and insights about the world as we know it. You can see all these sides of Ramona -- read her articles, browse through her photographs, and even hire her to help get your life in order -- at www.RamonaCreel.com. And be sure to follow her on Twitter and on Facebook.

Would you like to reprint this tip sheet in your publication -- or distribute it to a wider audience? Click here for reprinting instructions.

Click here if you would like to submit a tip sheet or checklist...

Add this page to your Bookmarks!

E-mail this page to a friend!

www.OnlineOrganizing.com is a service mark of Bradford, LLC.
Content on this site is © Bradford, LLC, All rights reserved.

If you notice any problems with this site, please contact our webmaster.
And if you don't see what you need you are welcome to "ask the organizer" any question!

To see what people are saying about www.OnlineOrganizing.com, check out our visitor comments.

Click here to view our privacy policy.

Calendar Of Organizing Holidays And Events Blog Central Sign Up For Our Free Online Newsletters Join The Conversation At Our Organizing Discussion Board Advertise Your Company On Our Website Be An Affiliate Of www.OnlineOrganizing.com
Check Us Out On FaceBook