<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > Bill Fixer Results; Cash Flow Bottleneck
 

Bill Fixer Results; Cash Flow Bottleneck

July 18th, 2016 at 08:29 pm

Bill Fixers was able to reduce my internet bill by $13.96 per month. Not much, but something. I have to pay them half of it, so I am ahead $6.98 per month.

In other budget news, I cancelled my gym membership. A payment was due in July, and that is that. So, there is another $19.99 per month ahead.

I have added dvd service to my Netflix, and will probably keep that for a few months. Our list of movies we wanted to see which are disc only grew to the point it made sense to restart that service. I got the first month free, but afterwards will pay $12 per month.

So as you know, I recently switched to cash only for groceries, gas, and personal spending. Since I had previously used rewards cards for those things, in July I had to pay some of June's charges, plus pay as I go for July. (For budgeting purposes, I count spending when I make a charge, not when I pay it.) As it turns out, I am also parting with the cash for two electric bill payments in July*, which is further impeding my cash flow. It is a temporary bottleneck and will ease next month. However, July's savings account deposits are very anemic.

* My electric company bills me around the 5th or so, and I need to pay by the 20th or so. Usually, I use my Citi DoubleCash MasterCard to pay the electric company. The Citi billing cycle cuts off around the 6th of the month, so I typically charge the electric bill on the 10th. When I get paid on the 15th, I pay the charges which appear on Citi's statement from the 6th. In practice, I don't part with the cash for June's electric bill until July 15th. Which I have just done.

In the pursuit of credit card rewards, I have recently applied for and received the new Ally Visa. The sign-up offer is to spend $500 in the first 3 months and receive a $100 bonus. Since my electric bill is $252 per month, I decided to use it twice to pay my electric bill, thus I don't need to bother with it further. So, I used it this past July 10 to pay July's electric bill. And then the statement cycle closed, and I need to pay by August 12th. A bit inconvenient as that's 3 days before payday. So, I just paid it tonight. That $252 is coming out of my planned savings account transfer.

I will use the Ally card for August's electric bill and pay that in August too.

In September, I will go back to using Citi DoubleCash and won't need to pay that statement charge until October, thus picking up a bit of extra cash flow to throw into savings.

So there you have it. Other than that, just plugging along as usual here at Chez Petunia.

2 Responses to “Bill Fixer Results; Cash Flow Bottleneck”

  1. rob62521 Says:

    Looks like you have a good plan. At least you are saving a little on the Internet. Better you and the Bill Fixers get it, than the company.

  2. Petunia 100 Says:

    I agree, better to share that $14 with Bill Fixers than to send it to the internet company. Smile

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 9.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]