Sunday, April 22, 2007

Frugal Sunday - Online Bill Paying

Welcome to Frugal Sunday!

This week's entry is about online bill paying. I happen to think it is a great deal! And, I am including a link to an About.com article - Why Online Bill Paying is Good for the Environment. You can go "green" and save money at the same time! This is a good way to save on postage which happens to be going up May 14 from $0.39 to $0.41.

I had been paying some of my bills online - at the credit card websites. It is fast and easy and as safe as putting a check in the mail. And, when I first heard about the newest postage rate increase, I decided to check into paying my bills online through my bank. I was very pleasantly surprised to find out that there was no charge for 10 payments per account. As I have access to my mother's account and have it linked to mine in my online banking account so I can pay her bills for her, that was a plus! However, you need to research the plans that your bank has as it must likely will be different from mine.

I love it! If I have to pay bills, I might as well do it the frugal and green living way! Go online, log into my bank account, choose the bill I want to pay and the amount, and CLICK!

I will be back next Sunday with another frugal idea!

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