You can start your budget by creating two lists - one with your sources of income and one with your expenses. Knowing how much cash is coming into your household and when the cash will hit your bank account will help you stay on track with your payment plans and allow you to catch up on some of your unpaid bills. Once you know how much you owe, it's time to track how much you're earning and review your monthly budget. Make a budget and track your spending moving forward Ignoring your bills can lead to penalties or higher interest rates and possibly damage your credit standing. If you communicate with your creditors about your current financial struggles, they may be more flexible with repayment plans, including changing terms or possibly even penalties.Įven if you can't pay your bills, pretending they don't exist isn't your best strategy. Once you know which bills you're not able to pay, calling your creditors is a great next step. After these necessities, prioritize any work-related expenses, such as car payments or phone bills, and then focus on loans and other debts. If you cannot afford your mortgage or rent, speaking with a HUD-approved counselor may help similarly, if you cannot afford to buy food, we recommend starting with the usa.gov/food-help resource page to find programs that may help. And you'll want to be aware of any missed payments that could lead to significant legal or financial trouble.īills that allow you to keep a roof over your family's head are extremely important, so be sure your rent or mortgage payments are at the top of your list, followed by your food and utilities bills. This will help you focus your repayment efforts on the bills you feel are most important or carry the highest costs (i.e. Prioritize current and missed paymentsĪfter you have a list of everything you owe, order them by importance.
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#LIST OF HOUSE BILLS TO PAY HOW TO#
Getting organized will let you see exactly how much you owe so you can start making decisions on how to allocate your money and whether delaying additional payments (and which payment) is the right move.
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The first step after falling behind on your bills is to start keeping careful track of which payments you're delaying, when each are due and whether or not you'll owe additional money for missing them. Make a list of bills missed and those coming due soon If you're feeling overwhelmed by unpaid bills, mounting interest, late fees and more, here are some steps to help you start moving in a positive direction. But payment delays happen-sometimes you're hit with unexpected career changes, family emergencies, job loss or furlough, or other reason and suddenly your income simply isn't enough to meet what you owe in housing, utility, debt and other payments each month.įalling behind on your financial obligations isn't the end of the world, but it can cause long-lasting financial challenges if you're not careful to catch up again as soon as possible. It can feel impossible to catch up on paying bills after you've fallen behind.