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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 challenging for some individuals. 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 and an unhappy landlord – or even worse. It can also make it hard to qualify for a new rental home after some time since your current landlord is not willing to give you a favorable recommendation if you are constantly paying late. Here are some strategies that might help you ensure you’re paying that rent (and your other bills) on time every month.

Pay Online

Today, numerous Irving property managers offer online rent payments to their tenants. If yours does, you should take advantage of it. It’s one of the most efficient ways to ensure you’re getting that rent payment in on time. Online payments are practical 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

Another excellent approach to ensure that you pay your rent on time is to set up automatic payments from your bank. A few 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 manner, you don’t need to be scared of 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 up on 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 very convenient. If you tend to leave things to the last minute, you may need to allocate a particular date or set aside time each month to take care of all of your bills at once. It’s also significant to keep a file (either paper or electronic) including all of the information you need to get your bills paid on time each month. Some people see that creating a simple spreadsheet or checklist is beneficial, primarily if you like checking things off. You can ensure that your rent is delivered on time each month by keeping everything planned out.

Create Reminders

We all need to be reminded of important tasks occasionally. So, making these reminders for yourself in advance is one way to be on time with your rent payments. Utilize a calendar or use a reminder app on your phone or computer if you prefer the idea of an electronic reminder. If not, your reminder could be as basic as writing notes on a calendar that hangs somewhere you’ll see it often.

Reward Yourself

Finally, when you pay your rent on time, keep in mind to give yourself a little treat for a job well done. Positive reinforcement is an excellent technique to guarantee that you pay your rent on time every month. By treating yourself to a little 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 after that.

Paying your rent on time is easiest when your landlord offers convenient ways to pay. On the other hand, if your current landlord isn’t really in the know with their payment options, it may be best to employ one that is – such as Real Property Management Meridian. You can contact our office to learn more or search our online listings to locate quality rental homes near you.

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