Should You Consider Enrolling in Autopay for Your Bills?
Reasons I Don't Autopay My Bills
Gone are the days when 'paying the bills' meant sitting down with a checkbook and stamps. Autopay offers convenience, but not everyone opts for it. Find out why one writer chooses not to utilize autopay for their bills.
Fear of overdraft
Living paycheck to paycheck can make autopay nerve-wracking. The fear of unexpected charges causing overdraft fees leads some to avoid autopay.
Desire for financial control
Some individuals enjoy the process of manually paying bills as it provides a sense of control over their finances. The satisfaction of allocating funds and managing expenses can outweigh the benefits of autopay.
- Autopay can save money on late fees
- Autopay saves time on manual payments
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.