When a bill arrives in the mail, most consumers will open it, look at the total, and pay it. Pretty basic adult activity. However, it’s always worth it to take a moment to review the bill for any suspicious activity or increased charges. With increased security breaches, hackers, and identity theft scams, it’s more important than ever to check your bills and your accounts.
Why You Should Check Your Bills & Accounts
When you’re trying to cut your spending and get out of debt, it’s important to know where all of your money is being spent. So when something odd shows up on your credit card statement or a bill, don’t be afraid to ask questions.
We’re not just talking about security for your credit card and bank statements, though. Check your bills to avoid being overcharged for services like your phone, Internet, cable, and electricity. You always want to be aware of any extra charges or price increases on these accounts.
If you do notice anything different, it never hurts to contact your service provider as you check your bills. They will help you correct any errors and explain any fees. If you are unsatisfied with the costs, you can also change or cancel your services (depending on whether or not you are under a contract agreement).
Participate in this month’s poll question: Will You Spend More This Holiday Season Than Last Year?