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Tips & Tricks to Paying Rent on Time

A Calendar with a Note to Pay Rent on the FirstPaying your bills promptly can sometimes be a hassle. The same is true for bills like your rent payment due on the first day of every month. But paying your rent late has real consequences, including late fees and possibly an annoyed landlord – or worse. It is also problematic to qualify for a new rental home in the long run as your current landlord will no longer be interested in giving you a positive recommendation if you are consistently paying late. To ensure you’re paying that rent (and your other bills) at the proper time each month, here are some strategies that may help.

Pay Online

Today, several Norwich property managers offer online rent payments to their tenants. If yours does, you should take advantage of it. It’s one of the most reliable ways to guarantee you’re getting that rent payment in on time. Online payments are beneficial because they move funds swiftly and securely from your account to your landlord’s bank. Numerous systems will even enable 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 helpful way to make sure you pay your rent on time is to set up automatic payments from your bank. Other 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 that manner, you don’t have to bother 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. Visit 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 highly advantageous. If you are apt to leave things to the last minute, you may need to arrange a particular date or set aside time each month to take care of all of your bills at once. It’s also essential to keep a file (either paper or electronic) with all of the information you need to get your bills paid on time each month. Other people feel that creating a simple spreadsheet or checklist is useful, particularly if you prefer checking things off. Keeping things organized might assist you in ensuring that your rent is paid on time every month.

Create Reminders

We all need to be reminded of important tasks every now and then. Therefore, one technique to be on time with your rent payments is to arrange these reminders for yourself sooner. If you like to utilize an electronic reminder, you could set up a calendar or use a reminder app on your phone or computer. As another option, your reminder could be as easy as writing notes on a calendar that hangs someplace you will be bound 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 can be a motivating approach 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, providing a way 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 entirely up-to-date with their payment options, it may be vital to locate one that is – like Real Property Management Beacon. You can contact our office to learn more or look at our online listings to find incredible rental homes near you.

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