All too often it seems like the only thing in the mailbox is junk mail and bills. The junk mail can easily be tossed, but unfortunately the bills must be kept. Living in one of the great 55 plus communities in Massachusetts, such as Southport, makes life easy and fun. While bills are never fun, keeping track of them can be easy if you follow these quick, simple tips for organizing your bills. With the right organization, you won’t have to worry about any of your bills going missing and not being paid.
Before the next bill arrives, choose a box, basket, tray or folder that is designated solely for bills. A letter rack is even better, because you can organize the bills according to the date that they’re due, making them easier to track. As each bill arrives, open it immediately, even if it’s the last thing you want to do. Remove the bill and return envelope and toss any of the excess envelopes and inserts. This lets you see exactly how much is due and when, so you can plan accordingly.
By placing them in individual mail slots, it’s easy to keep things together. If you’re keeping them in one basket or folder, you may want to paperclip the bills and return envelopes together, or keep them in the original envelope and mark the outside of the envelope with the amount and due date. Once again, try to keep them organized by due date, with the bills that need to be paid first left on top.
Once the bills are paid, it’s still important to keep them organized. A 13-pocket accordion folder is great for keeping paid bills organized. Dedicate one pocket to each month and place each month’s bills in the appropriate space once they’re paid. Use the 13th pocket for your annual tax information. If you keep your monthly bank statements in their appropriate pocket, they’re there for easy reference if there’s a question about payment.
One of the benefits of living in one of the active 55 plus communities in Massachusetts is that there’s plenty to keep you busy. If you’d rather not have to deal with all of the monthly paperwork, you may be able to use online banking and set up certain bills to be paid automatically. You should still keep your paperwork organized, but it’s one less task to worry about each month, leaving you more time to enjoy your life.