Paying your bills on time can sometimes be a tiresome chore. This is true even for bills like your rent payment due on the first day of every month. Yet, paying your rent late has real consequences, including late fees and maybe a grumpy landlord – or worse. It can also make it hard to qualify for a new rental home in the future since your current landlord isn’t probably going to give you a positive recommendation if you are paying late all along. To provide an assurance you’re paying that rent (and your other bills) in good time each month, here are some strategies you need to know.
Pay Online
Today, various North Hollywood property managers offer online rent payments to their tenants. If yours does, you should take advantage of it. It’s one of the ideal methods to ensure you’re getting that rent payment in on time. Online payments are favorable since they move funds promptly and securely from your account to your landlord’s bank. Numerous systems will even let you 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 way to see that 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 this manner, you don’t need to be forced to log in to submit your payment – it’s all undertaken 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 over 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 advantageous. If you tend to leave things to the last minute, you may need to designate a particular date or set aside time each month to take care of all of your bills at once. It’s also vital to keep a file (either paper or electronic) containing all of the information you need to get your bills paid on time each month. Some people see the usefulness of creating a simple spreadsheet or checklist, especially if you like checking things off. You can make sure your rent is paid on time each month by keeping everything organized.
Create Reminders
We all should be reminded of important tasks from time to time. For that reason, one tactic to be on time with your rent payments is to prepare these reminders for yourself before the appointed time. If you want to use an electronic reminder, you could set up a calendar or use a reminder app on your phone or computer. Alternatively, your reminder could be as easy as writing notes on a calendar that hangs anywhere you will be able to see it.
Reward Yourself
As a final point, when you pay your rent on time, it is a good idea to give yourself a little treat for a job well done. Positive reinforcement can be an effective way to ensure 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 and help you more effectively remember to pay it on time every month afterward.
Paying your rent on time is easiest when your landlord offers convenient ways to pay. However, if your current landlord isn’t updated with their payment options, it may be ideal to find one that is – like Real Property Management Vision. You can contact our office to learn more or browse our online listings to find quality rental homes near you.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.