Congratulations on your new storage unit. You’re now paying significantly less per square foot for that storage space than you would for an extra room in your home to store the same items. Of course, you also have a new bill to pay monthly.
A great way to make sure the bill gets paid on time every month is to set up autopay. This simply means that once a month, when the rent is due, the payment will come out of your checking account or credit card.
Here are 5 reasons to sign up for autopay for your storage unit.
With all the other bills you may have to pay, remembering one more can be stressful. Autopay makes it so the payment will automatically get deducted from your account without worry.
When the time to pay your self storage bill comes due every month, you won’t have to call the facility or go online to authorize a payment. That’s ten or twenty minutes you can spend doing something more enjoyable.
Autopay ensures that the bill gets paid, period. Without it, it’s all too easy to miss a payment only to realize it five days later and have to pay an extra fee.
Storage facilities and other companies want you to use autopay because it is a guarantee they’ll get their payment. As such, they may offer incentives. This could be something as simple as a percentage off of purchases on storage supplies, or a small percentage off your monthly rent.
Paying bills on time is great for your credit score. If your score is low, it can help raise it. If it’s already high, it will help keep it there. Since autopay ensures that your payment goes through on time, you won’t have to lift a finger to see your credit improve.
Always keep a budget so you know when money is coming in, how much is coming in, and what bills are due to be paid. That way you can make sure you have enough in the bank to cover your bills and avoid getting overdrafts on your account. Check your bank account every day or so to see how much is there so you don’t personally overspend. Finally, review all bills that come through and make sure that you weren’t overcharged. With these precautions in mind, you’ll be set to use autopay wisely.