Lumio is currently in an early build and has not yet rolled out all the features it wants to. Here’s one of the coolest bits - Lumio also guides various aspects of your savings and investments to optimise your financial goals based o your personal aspirations. Lumio’s main feature is its Spotlight function that connects you with specialised products for those in your financial situation. It’s not a traditional budgeting or bill management app, as it does so much more than simply tracking your spending and finances. It provides you with tips on optimising your income, minimising spending and much more. With Lumio, you get an in-depth view of where your money is going. With the help of a personal finance app, you’ll find that it’s easier to pay bills, keep track of credit cards and credit card payments, manage cash flow, and much more. If you decide to use any of the many free expense tracker apps, make sure you check app store reviews to see what other users are saying about them. Expense Tracker Appsīasic expense tracker apps can assist you in keeping track of daily expenses. Plus, you won’t have to worry about paying extra for a late fee. You might have to buy off-brand products or cut back here and there, but at least you’ll know that your essential bills are getting paid.

When you get into the habit of being flexible and making adjustments - you’ll find that you can more easily plan and prepare for the coming months. Keeping track of your monthly budget allows you to make the adjustments needed to ensure that you pay your electric bill on time. In doing so, you can be sure to make the necessary adjustments and avoid overdrawing your bank account.Īn excellent example of this in action is your electricity bill, which can vary from month to month, and season to season.Īs a result, your budget should reflect these higher charges.

As such, it’s essential to adjust your budget with every new month. Not only that, but even your regular bills can differ from month to month. However, there are times when a new bill might slip through, especially if you were hit with a late charge. Your bills are often the same each month. In this article, we shed 6 actionable steps that you can implement today to keep track of your bills. But, we’re not here to lecture you on why you need to keep track of your bills. Do you struggle with making timely bill payments each month? There are a whole host of reasons to get on top of your bills, from clearing your mind of stress and anxiety, to even fixing your credit score and avoiding overdrafts.

How to keep on track bills