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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 a problem in certain cases. This is right 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 possibly a cranky landlord – or worse. It can also make it hard to qualify for a new rental home at some point since your current landlord isn’t happy to give you a positive recommendation if you are paying late on a consistent basis. To ensure you’re paying that rent (and your other bills) on time every month, here are a couple of strategies that might assist you.

Pay Online

Today, numerous Warwick property managers offer online rent payments to their tenants. If yours does, you should take advantage of it. It’s one of the ideal approaches to ensure you’re getting that rent payment in on time. Online payments are incredible because they move funds easily and securely from your account to your landlord’s bank. Numerous systems will even permit 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 extraordinary method for ensuring 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 stress over logging in to submit your payment – it’s all completed for you! Even if your landlord doesn’t offer automatic payments, you might have the option to set up automatic payments through your bank or credit union. Inspect 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 helpful. If you tend to leave things to the last minute, you may want to choose a particular date or set aside time each month to take care of all of your bills at once. It’s also important 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 see the importance 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 now and then. So, one method to be on time with your rent payments is to make these reminders for yourself in advance. If you prefer the concept of an electronic reminder, you could set up a calendar or use a reminder app on your phone or computer. Or else, your reminder could be as easy as writing notes on a calendar that hangs somewhere you will be sure to notice it.

Reward Yourself

To conclude, when you pay your rent on time, it is important to give yourself a little treat for a job well done. Positive reinforcement can be an amazing way to make sure 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 and help you more easily 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. Yet, if your current landlord isn’t fully up-to-date with their payment options, it might be an ideal opportunity to find one that is – like Real Property Management Providence. You can contact our office to learn more or browse our online listings to track down quality rental homes near you.

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