4 Tips for Paying Your Rent on Time
You’ve probably heard this one before: The best way to pay your rent on time is to set it aside before you get paid every month. But if you’re like me, you’re probably thinking: “That’s all great and good, but I can’t just set aside my rent money—I’ve got to pay for groceries, bills, and other expenses. Where will I find the extra cash?”
Well, I’m here to tell you that there are plenty of ways to make sure that your rent check is in the mail on time without having to sacrifice other important aspects of your budget. That’s why today I’m going to share with you four tips for paying your rent on time! So, let’s get started!
Apply For a Loan
Paying your rent is something you must do, but maybe you just don’t have enough money to do so. If it’s your current situation, you could get a loan for bad credit in Canada that would provide you some money to cover your rent this month, even if your credit history is low. If this month is harder than others, an unsecured loan could be a great relief to pay your rent!
Set up a Calendar to Alert You
One of the best ways to be sure you don’t miss a rent payment is to set up a calendar alert. This will give you an automatic reminder in advance of when your rent is due so that there’s no chance of forgetting about it. If you use Google Calendar, Outlook, or another online calendar service, then just add a new event and set it for one week before your rent is due—then write “RENT” in the subject line. Repeat this process every time your landlord sends out an invoice!
Use Autopay Whenever Possible
If your landlord offers the option to use autopay, then definitely take advantage of it. Autopay is a feature that allows you to schedule recurring payments from an account, like your checking or savings account. This makes it so much easier than having to write a check each month—and most landlords prefer this method over receiving cash because it’s safer and more convenient for them too!
Pay Your Rent When You Get Paid
Perhaps the worst thing you can do is wait until the rent is due and then scramble to come up with the money. Try to pay your landlord before you get paid—that way, your landlord won’t have to worry about whether they’ll receive their money on time or not. If you have trouble doing this, try asking if they will accept partial payments over a few months (or even one big payment at the end of each year).
This will not only help you budget more effectively, but it will also show your landlord that you’re a responsible tenant who can be counted on to pay your rent on time.