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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 might be difficult at times. This is true even 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 and maybe a furious landlord – or worse. It may also make it difficult to qualify for a new rental home at some point since your current landlord is unlikely to offer you a good recommendation if you are constantly paying late. Here are a few strategies to assist you in guaranteeing that you’re paying that rent (and your other bills) on time every month.

Pay Online

Today, most Yardley property managers offer online rent payments to their tenants. If yours does, you should take advantage of it. It’s one of the fastest ways to guarantee you’re getting that rent payment in on time. Online payments are convenient since they move funds quickly and securely from your account to your landlord’s bank. Several 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

One more excellent 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 worry about logging in to submit your payment – it’s all 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. Check out 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 really advantageous. If you tend to leave things to the last minute, you may want to select a particular date or set aside time each month to take care of all of your bills at once. It’s also a good idea to keep a file (either paper or electronic) with all of the information you need to get your bills paid on time each month. Some people think that creating a simple spreadsheet or checklist is effective, mainly if you like checking things off. By keeping things structured, you can ensure that your rent is paid on time each month.

Create Reminders

Occasionally, we all need to be reminded of important tasks. Therefore, one way to be on time with your rent payments is to set these reminders for yourself earlier. If the concept of an electronic reminder appeals to you, you may set up a calendar or use a reminder app on your phone or computer. Otherwise, your reminder could be as simple as writing notes on a calendar that hangs someplace you’ll be guaranteed to see it.

Reward Yourself

Lastly, when you pay your rent on time, remember to give yourself a little treat for a job well done. Positive reinforcement may be a powerful tool for ensuring that 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, making it easier for you to remember to pay it on time every month afterward.

Paying your rent on time is easiest when your landlord offers convenient ways to pay. But if your current landlord isn’t quite up-to-date with their payment options, it may be time to locate one that is – such as Real Property Management Prosperity. You can contact our office to learn more or explore our online listings to discover quality rental homes near you.

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