Sunday, March 10, 2024

MoneyWalk 241 Online Bill Payments

This program will help you undo financial bondage. 

A computer and digital database are utilized for each transaction depositing and withdrawing money from savings and investment accounts and when paying bills. You might currently write a check and mail it, but company personnel use computerized systems to record your transactions and update accounts. Many businesses currently allow customers to make such transactions on their mobile phones, even allowing photos of checks to serve as deposits to their accounts or as payment of amounts owed. Most electronic fund transfers, automated clearinghouse, and auto-payment systems remit deposits or payments on a specifically selected date each month approved by the bank or creditor.

Some creditors don’t allow auto-pay yet, but may allow you to use their on-line bill payment program from your computer to remit payments from your bank account or by credit card to meet payment obligations. These systems from legitimate businesses have been vetted over many years and found to be reliable and trustworthy, so you can feel comfortable using them. Make sure the website is the one for the company with which you have an account or want to start an account and that its website address for depositing, withdrawing, transferring money, and/or making payments starts with https:// and meets other reasonable safety protocol.

One system is not necessarily better than another. Each system will work similarly, yet differently in some aspects as they are usually programmed by or offered to businesses by many different IT providers that operate in the financial accounts and payments arena. Some companies that offer on-line payment programs charge substantial fees per transaction. So, compare options and costs to choose the best for you. Using such systems is often a great way to save time and money by reducing postage, check ordering expenses, and getting rid of need to retain paperwork. Verification of your transactions and payments are maintained by the businesses and can be downloaded whenever you want to review, save, or print them for your use or personal computer / cloud storage.

There is no need to fear this method of completing transactions or payments. One caution, if you have run into financial problems with creditors due to payment delinquencies, it's best not to give them access to your bank accounts and credit card accounts because on occasion people have found their accounts raided for more than they expected to remit. In this instance, it's best to get your situation organized and under control and pay the creditors with a check or money order once you know the amounts you are able to pay them while maintaining enough money on hand to take care of your priorities (shelter, food, transportation, etc.). Technological advances allowing us on-line mechanisms including payment and auto-pay systems is a gift from the Lord that we can take advantage of as long as we make reasonable safety checks, verify legitimacy of the vendors we use, and maintain our finances via budgeting / tracking in a way that lets us know we will have enough money to pay our bills and thus will not be exposed to delinquency, overdraft, and insufficient funds fees.

Joshua 1:8, Proverbs 2:6-15, 1Corinthians 6:12, Philippians 4:6-7

Please pray for this ministry and email questions to parlor@ameritech.net and share the links below with others who need guidance. May the LORD bless you richly as you follow His plan!

Share https://kminfo.org/ministries/financial-freedom weekly with family and friends so these bondage-breaking articles and other financial information can help them gain helpful insight! @everyone

The book at the link below provides principles and practical steps that help you use the Power to Get Wealth. By 1992, we had $135,000 of debt and a negative $35,000 net worth. Financial bondage and turmoil led me to seek principles and a process for employing good stewardship. As a result, we became constructively debt-free in 1998, mortgage free January 2004, millionaires in 2012, multi-millionaires shortly thereafter, and retired in 2018 in my mid-fifties from public servant jobs while giving abundantly to fund the gospel of our LORD Jesus Christ. The same power is available to you!

https://books2read.com/u/4NgpBo

https://www.amazon.com/Power-Get-Wealth-Randy-Parlor-ebook/dp/B08QCH5MVH/ref=sr_1_2?keywords=Randy+Parlor&qid=1638336718&s=books&sr=1-2

You can find books authored by Randy and Karen Parlor at www.Amazon.com.

You can also connect with Randy Parlor on Facebook, Twitter, Linkedin, Instagram, Google Blogger, WordPress, Pinterest, TikTok, Tumbler, and You Tube.

 

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