If you’re like many Americans, your mortgage company may be sending you a monthly bill for the current month’s interest. If it’s not paid by the due date, they’ll send another bill with late fees added on top of that interest charge. This can add up quickly! Instead of worrying about remembering to make a payment each month (and then paying extra when it’s late), set up automatic payments from your checking account or credit card to go directly toward this expense every month–no thinking required:

Set up automatic payments for any other bills that come via mail as well–utilities like electricity or cable TV service (if possible), credit cards and student loans are all good examples here too. You’ll never forget again because everything will happen automatically!