{"id":1796,"date":"2018-04-13T03:00:35","date_gmt":"2018-04-13T08:00:35","guid":{"rendered":"http:\/\/kerryaclark.com\/?p=1796"},"modified":"2018-07-16T14:33:09","modified_gmt":"2018-07-16T19:33:09","slug":"budget-billing","status":"publish","type":"post","link":"https:\/\/www.kerryaclark.com\/blog\/budget-billing\/","title":{"rendered":"4 Ways to Implement Your Own Budget Billing Strategy"},"content":{"rendered":"

The Way Bills Were Meant to Be Paid – Part 5<\/h2>\n

Is having more control of my bills (when I pay, what I pay, how I pay) possible?<\/span><\/p>\n

You may be asking yourself this question and have yet to find a solution that works for you and your family. \u00a0Don\u2019t give up yet until you give our solution a try. We might not have all the answers, but we have an answer. \u00a0It’s a very different and unique one to say the least.<\/span><\/p>\n

\"\"
\n<\/span>We\u2019ve seen it before.<\/strong>
\nTaking control of your bills (how you pay, when you pay, and what you pay) can be within your control. \u00a0You\u2019ve actually seen it in action before. The concept that I\u2019m offering has been reserved to your electric company and gas company. \u00a0They call it \u201cbudget billing\u201d. They take your charges over the past year and give you an average monthly payment. You then pay this amount. \u00a0The problem with their method is they\u2019re still in control and with that comes the normal issues we find with not having it within our control.<\/span>
\n<\/span>
\n<\/span>Appy what businesses have.<\/strong>
\nAt Kerry A. Clark & Co, when we identify a good process found in businesses we ask ourselves how can we use this in our own personal business, our lives. \u00a0We begin to think of ways to apply the principle to our life, our business. You know the businesses have already done all the homework and see the pitfalls and made adjustments. \u00a0If we follow these strategies, just as the businesses benefit, so can we.<\/span>
\n<\/span>
\n<\/span>Restate the problem.<\/strong>
\nThe biggest problem with paying our bills when we desire, basically when we have the funds, is fluctuating charges. \u00a0We have no way of knowing what to pay until we receive the statement. Why don\u2019t we change this? Wouldn\u2019t it be great to be able to pay the same amount each month and when we want to pay ? \u00a0Talk about a game-changer. It\u2019s possible.<\/span>
\n<\/span>
\n<\/span>How you can implement your own budget billing process?<\/strong>
\nLet\u2019s say goodbye to fluctuating payments and due-dates that don\u2019t align with our paydays. \u00a0Here are the four steps you can take today:<\/span><\/p>\n

    \n
  1. Gather your last 12 statements of charges.<\/strong> \u00a0For each bill or financial obligation you have, identify the last 12 charges.<\/span><\/li>\n
  2. Add them together and average them.<\/strong> \u00a0Add the 12 statements together, average the total. \u00a0So if your 12 months sum to $2400, divide that by 12, to give you $200 per month. \u00a0To get ahead use the <\/span>Rent-to-Own<\/span><\/a> process I discussed in a previous post. \u00a0You must do this to have complete control.<\/span><\/li>\n
  3. Pay attention to your statements.<\/strong> \u00a0This step is really a disclaimer. Make sure you pay attention to when you implement this process. \u00a0\u00a0For example you don\u2019t want to start when the electric bill is at its highest and exceeds your monthly payment. \u00a0You\u2019ll need to adjust, but stick with it.<\/span><\/li>\n
  4. Set the amount and forget about it.<\/strong> \u00a0This is the beauty of budget-billing. \u00a0You get to set the amount and forget it. \u00a0You get to align your payday with bill-day. \u00a0With the budget billing strategy, you don\u2019t have to wait to pay. \u00a0You simply <\/span>pay each time you get paid<\/span><\/a>, the same amount based on the average you computed.<\/span><\/li>\n<\/ol>\n

    I hope these four simple steps are enough to get you started. \u00a0Pamela and I use this model and it\u2019s one of the best financial decisions we\u2019ve ever made.<\/span>
    \n<\/span>
    \n<\/span>Today is Friday!<\/span>
    \n<\/span>Today we discussed how to implement your own budget billing process. \u00a0Like us you may have tried every financial improvement process to date, but this one is totally different and worth trying if you haven\u2019t already. \u00a0Let us hear any questions you\u2019re having; <\/span>leave a comment below.<\/strong><\/p>\n

    The Family Plan Binder<\/a>\"\"<\/a> is available now!

    <\/p>\nOur team has worked very hard putting it together. We designed it to help you and your family move the needle forward in making your life your business. \nFind out more about the Family plan here.<\/a><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"

    The Way Bills Were Meant to Be Paid – Part 5 Is having more control of my bills (when I pay, what I pay, how I pay) possible? You may be asking yourself this question and have yet to find a solution that works for you and your family. \u00a0Don\u2019t give up yet until you […]<\/p>\n","protected":false},"author":2,"featured_media":1799,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22,55,60,54],"tags":[],"class_list":{"0":"post-1796","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-accounting","8":"category-pay-ahead","9":"category-payday","10":"category-the-way-bills-were-meant-to-be-paid","11":"entry"},"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.kerryaclark.com\/blog\/wp-content\/uploads\/2018\/04\/20180413-TIF-Blog-Way-Bills-Were-Meant-to-Be-Paid-Part-5.png?fit=760%2C360&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4jb7V-sY","_links":{"self":[{"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/posts\/1796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/comments?post=1796"}],"version-history":[{"count":8,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/posts\/1796\/revisions"}],"predecessor-version":[{"id":1980,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/posts\/1796\/revisions\/1980"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/media\/1799"}],"wp:attachment":[{"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/media?parent=1796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/categories?post=1796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/tags?post=1796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}