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Tips & Tricks to Paying Rent on Time

A Calendar with a Note to Pay Rent on the FirstPaying your bills on time can sometimes be a challenge. This is particularly the case for bills like your rent payment due on the first day of every month. But paying your rent late has real consequences, such as late fees, a disgruntled landlord, or even worse. It can also make it tougher to qualify for a new rental home in the future because your current landlord is hesitant to give you a flattering recommendation if you are paying late from start to finish. Here are a few strategies that can assist you in ensuring you’re paying that rent (and your other bills) in good time each month.

Pay Online

Today, various Chubbuck property managers offer online rent payments to their tenants. If yours does, you should take advantage of it. It’s one of the reliable strategies to ensure you’re getting that rent payment in on time. Online payments are convenient as they move funds fast and securely from your account to your landlord’s bank. Many systems will even allow you to schedule a payment in advance for a specific date. Just make your payment a day or two before it’s due to allow for processing time.

Set Up Automatic Payments

Another effective technique to make sure you pay your rent on time is to set up automatic payments from your bank. Some landlords can help you set up ACH or other automatic transfers that will pay your rent for you on a specific date each month. In this way, you don’t need to be reminded of logging in to submit your payment because everything will be done for you! Even if your landlord doesn’t offer automatic payments, you may be able to set up automatic payments through your bank or credit union. Look at your bank’s bill payment tools to see if yours offers this service.

Stay Organized

Creating a system for your bill payments, including your rent payment, can be important. If you are inclined to leave things to the last minute, you may have to allocate a particular date or set aside time each month to take care of all of your bills at once. It’s also necessary to keep a file (either paper or electronic) with all of the information you need to get your bills paid on time each month. Many individuals find that creating a simple spreadsheet or checklist is helpful, primarily if you like checking things off. Keeping things organized can help you ensure that your rent is paid on time regularly.

Create Reminders

We all need to be reminded of important tasks every so often. So, one procedure to be on time with your rent payments is to make these reminders for yourself before the event. Set up a calendar or use a reminder app on your phone or computer if you prefer the idea of an electronic reminder. As another option, your reminder could be as simple as writing notes on a calendar that hangs somewhere you’ll see it frequently.

Reward Yourself

Finally, when you pay your rent on time, remember to give yourself a little treat for a job well done. Positive reinforcement can significantly help you pay your rent on time every month. By treating yourself to a small sweet or splurge item, you can build positive associations with paying your rent, which will make it easier for you to remember to pay it on time every month.

Paying your rent on time is easiest when your landlord offers convenient ways to pay. But if your current landlord isn’t quite familiar with their payment options, it could be time to look for someone who is, such as Real Property Management Pocatello. You can contact our office to learn more or review our online listings to find quality rental homes near you.

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