How Google Knows When Your Bills Are Due
By J. D. BIERSDORFER NOV. 28, 2016
Q. This week my smartphone received an alert from Google listing the balances due on my credit cards. My response was “never” do it again, but I have to wonder about my personal financial/identity security. How did they get this information? Is it legal?
A. Many credit card and utility companies send payment reminders by email that include details like the name on the account, the payment amount and the due date. What is probably happening here is that Google is automatically scanning your Gmail messages for notices about package deliveries, flight times, restaurant invitations, and yes — bill reminders — and using the information in smartphone alerts for its Google Now/Google Assistant software.
If you don’t want to see your bills or other types of personal information in your Google feed, you can make adjustments to the app’s settings. Credit The New York Times
PALMBEACHPOST.COM - 10/31/16
Paying bills is a tedious necessity, and for many, it’s also an ongoing source of stress. According to the 8th annual Billing Household Study from Fiserv, a financial services provider, 35% of consumers paid at least one bill late in the past 12 months, and 65% also paid a late fee.
So, why are these people struggling to meet their billing deadlines? Common reasons include forgetfulness, lack of funds and personal life obligations. If any of these reasons sound familiar, it might be a good idea to consider how your billing due dates factor into the equation. These are five ways requesting a timeline shift from your providers could could really benefit you.
Daily money management (DMM) programs provide personal financial assistance to older Americans who can no longer handle certain aspects of money management. Whether an older person needs comprehensive help or just a monthly reminder to pay bills, these programs can mean the difference between living independently and residing in a nursing home. DMMs also offer relief to family members who are providing care to their older parents or relatives. (For more tips on how to assist an elderly relative with their finances, see Nolo's article Helping Elders Manage Money & Finances.) Read More...
A daily money manager can help you with common financial tasks such as paying bills and readying tax documents.
Imagine having someone who makes sure your bills are paid on time, organizes your tax documents and hands them off to your accountant, and even follows up with your insurance company because you were supposed to be reimbursed for physical therapy.
Get money and investment savings tips in the AARP Money Newsletter
Sounds too good to be true?
It turns out, you don't have to be wealthy to hire a trusted professional to take care of these kitchen-table money issues for you.
Engaging a daily money manager (also known as a DMM) can be a cost-effective way of making sure your financial life is in order.
How many of you like to pay bills? Anyone, Anyone? I know paying bills is not the most glamorous or fun thing to do, however it must be done. So, I have a way to streamline your bills so it easier to pay your reoccurring bills. However, before I tell you this, you must remember that you must be responsible about this. Just because you change how you pay your bills, doesn't mean you should not pay the bill. Credit cards can be useful tool, however managing your debt is very important. You will understand more in a minute.
Most of us have reoccurring monthly bills, like electrical, gas, cable and/or cell phone. Most of the companies that offer these services allow for payment with a credit card at a predetermined time. You can set up payments for all of these bills on one credit card to be paid on the due date. This way your bills will be paid on time and at the end of the month you only have to pay one bill, the credit card bill. The company receives your payment on time - they are happy. You spent less time paying the bill - you are happy.
Many credit cards offer rewards for every dollar spent. You may be able to pay these reoccurring bills and be saving points up to turn into cash back or airline tickets or whatever the case may be. That is quite a nifty benefit to simply paying your bills.
Also consider only using this one credit card for these reoccurring monthly bills. Be sure to keep this credit card at home in a safe place. The reason for this is to prevent the credit card information for being stolen or comprised. It is unlikely the companies you are paying will allow you credit card information to be compromised. On the flip side, if you are using the same credit card for your daily purchases, here, there and everywhere, there is a good chance it will be compromised. Then you will have the pleasure of calling all the companies to give them the new credit card number. That does not sound like a time saver to me.
If you are able to set routine up of paying your bills with one credit card and you are responsibly pay your credit card bill completely every month not only will you have paid your bills in less time, but you may also see positive effects on your credit score and report. As we all know, paying your bills consistently in full and on time is important to creating a good credit history which translates to good credit score and related interest rates on future purchases. Good stuff.
So let's review: By setting up your reoccurring bills on a designated credit card you will consistently pay you bills on time, you will spend less time paying the bills, you may be able to reap rewards you didn't even know about and your credit history of paying bills on time will be easier to maintain and it may improve your credit score. Wow!
Page Maintained by: Jennifer Shulman
Jennifer is committed to helping her clients as well as other folks improve their daily financial circumstances by providing simple financial solutions.