Assessing Bill-Paying Missteps & Guidance From Bob Jain Credit Suisse

By Rebecca Mills


According to Bob Jain Credit Suisse, as well as other establishments, the payment of one's bills can be either an easy endeavor or one of the most taxing - for a lack of a better term - processes to be considered. From what I have seen, this is dependent on one's financial standing and where he or she stands as far as money is concerned. With this in mind, you have to consider the potential mistakes that can be made when paying bills. Being made aware of them will allow you to avoid them with greater ease.

First of all, a potential mistake to be made, while paying bills, is believing that you have to spend as much as you do from day to day. For example, a financial adviser may tell you that your cellphone bill is needlessly high; this can be changed with a simple shift in your plan, provided it is doable for you and your family. The same can be said for costs tied to vacation. Just because you feel the need to spend money, on a consistent basis, does not necessarily mean that you have to.

What about the idea of saving money and how many people struggle with this endeavor? Robert Jain, along with various other authorities, will tell you that this is vital and one of the reasons for this is that you have to be able to save money for endeavors in the distant future. These include, but are not limited to, funds set aside for one's retirement. Saving money is crucial, according to Bob Jain Credit Suisse, and this deserves a tremendous amount of focus from those who may not be as financially savvy.

If you believe that there is something amiss with your bill, you may take more time than needed to handle it. This can be a problem, to say the least, since you run the risk of running into some kind of fraud in the future. What if you are someone who had recently run into trouble with his or her credit card? You'd call your bank to learn more about this, wouldn't you? When it comes to bills, and any unfamiliar charges which might be placed on it, you'll want to contact the proper authorities just as well.

The importance of paying one's bills is especially strong and there are many ways in which this can be done. However, you have to keep in mind that not everyone will be able to go about this without a misstep or two, which is understandable given the presence of human nature. However, a little bit of education can help you out tremendously. The best way to ensure that you are as educated as possible is to research talking points like the ones mentioned above.




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