In Budgeting, Money, Wealth

How I automate my bill payments and keep track

Someone was mentioning about how they saw a few hundred dollars in their account and couldn’t figure out what it was there for – a bill? a deposit for something else? What is this for?


I know right — “Stop it with your dumb First World Problems, you have too much money… bla bla bla. get out of here with your free cash

But really though, even if you don’t have “too much money”, keeping track of your money between so many accounts can be difficult if you are paying bills in general and want to maximize all of your money to earn as much interest as possible.

I have caught cheques I SHOULD have written with this system and forgot about, or bills I had to pay and forgot about, and literally had to drive to the bank that day, withdraw cash and pay it in person to avoid an interest charge.

This is my system of how I do it.

I use an app called Things and I made a category called MONEY

This is what it looks like: Things that have to get done, things that are in progress, and so on.

In there, whenever I pay a bill payment, I make a note exactly like this:

Then for the bill payment, as I transferred the money March 2nd, but paid it March 3rd, I set the due date to March 2nd to check to make sure the transfer went through okay, and then move the task to May 3rd to see that it cleared out of the account.

I always put the Due Date as well, just in case I screw up the transfer and automated bill payment and have to know exactly how much time I have to pay the bill via another transfer/payment again, or go to the bank and pay it in cash.

I also have other money tasks like transfers of money from one account to another:

I keep this task open until it is cleared. When I do the action of transferring the money, I make the note, and set it for 2-3 business days after the date I do the transfer because that’s how long it takes to move the money.

Then on that day, I see the note, I log in, check to see if it moved.

If it didn’t move, I move the task to the next day.

If it moved, I take action on the money right away as I had planned, and then check the item off as “Done”.

At any given moment, I can check this category and see all the transfers of money from all my various accounts, upcoming bill payments, daycare cheques I have written, money I have to transfer for the cheques I have to write like tax payments, license payments, and have not yet done so for both my personal and business.

This category runs my money life.

When I see money in an account, I know why it is there because I always keep a $0 balance in my chequing account, and everything is fully utilized either in investments or in a high interest savings account.

Share Tweet Pin It +1

Sherry of Save. Spend. Splurge.

Am my own Sugar Daddy. Am a millionaire at 36 after getting out of $60K of student debt in 18 months, a little over a decade earlier, using I have worked 50% of my career (taking 1-2 year breaks), and quadrupled my income within 2 years of graduating, going from $65K to $260K with an average lifetime savings rate of 50%. I have 11 side incomes that are on track in 2020 to make me $50K - $75K. I could retire today if I wanted, but love my work-life balance as a freelancing consultant in STEM (Science, Technology, Engineering, Math). I am all about balance - between time and money, and also enjoying my money. I also post daily on Instagram @saverspender.

You may also like

If I retired now, what the heck would I do?

Posted on February 8, 2017

Previous PostSherry's #OOTD Outfit of the Day Style & Fashion Look: "The Preppy Tennis Star with a Twist Look"
Next PostSherry's #OOTD Outfit of the Day Style & Fashion Look: "The Sexy Soft Minimalist Bodycon Look"

No Comments

Leave a Reply

In a nutshell…

Save. Spend. Splurge.
[ wealth. style. minimalism. ]


MOST DEBT: cleared $60K in 18 months

MONEY: Hit $1M personal net worth At 36

NEW GOAL: $1M in invested assets


HATES: being late & lazy people

SOCIAL: Instagram @saverspender

DRINKS: homemade matcha lattes

SLEEPS: on a 100% cotton U.S.-made futon

WRITES: Books (also available on Amazon).

BEAUTY: swears by Paula’s Choice


…but you can read more about me , browse my index of posts, or get in touch with me, talk to me directly on Instagram, and of course, ask me anything here.

$35 The Wealth Building Tool

Like a Boss Library (Sherry’s Books)

Referral Codes

Free Money Surveys
[ Use this link ]

[ saverspender ]

Shopping Cashback
[ Use this link ]

Clothing Resale


Private Lending
[ 7b03f0 ]

No-Fee Banking
[ 32726976S1 ]

Discount Brokerage
[ o0soehds ]

Social media scheduler
[ saverspender ]

Blog Ad Network
[ Use this link ]


Save. Spend. Splurge. uses affiliate links from Shopstyle, and Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to or ShopStyle. In addition to these, any referrals on the page will result in revenue if used such as BlueHost.

In English: If you click on a link, I could get a small commission, typically a few cents. And if you use a referral code, I could get anywhere from $10 – $70 for it. Thank you for your kind support!

Also, I am not a professional investment advisor or money manager by any means.

I am just a woman who loves money, talking about money, and making money.

All opinions expressed on this blog are personal and for entertainment value. Take them with a grain of salt and always consult a professional when in doubt.