Quote:
Originally Posted by AccountAnalyzer
Most people I know don't pay utility bills in full every month because they want to buy something for theirself.
|
What an incredibly sad statement. Not that I find it hard to believe, unfortunately, but - wow. That is a HUGE problem. If people can't even pay for their basic needs, they are in serious, serious trouble.
Quote:
Originally Posted by Aleta
I know that everyone is hearing about an emergency fund now but that isn't about having money there for unpaid bills.
|
And you can't build up your EF by letting bills go unpaid. That makes no sense at all.
Pay off the bills - period. And from now on, continue to pay all of your bills in full each and every month and pay them on time. If you don't have enough money available to do this, then you need to reduce your bills and/or increase your income. There is no other solution. You can't keep living at a deficit.