Hi all, just trying to overhaul our finances and was wondering how others organised their monthly direct debit payments.
Wages go in monthly on the last Friday then our direct debits (mortgage, phones, utilities etc) are spread throughout the following month on various different dates. I was wondering if it would make more sense to try to move the direct debit payment dates (where some companies allow you to select a preferred date) to all go out on the same day (I.e the 1st of the month) so then it's easier to see what is left to spend for the rest of the month. All our bill payments are automated so I've made a spreadsheet to see what's what which certainly helps.
Any tips welcome
Thanks