9 Bills You Should Almost Never Risk Putting On Autopay

Autopay is a convenient way to make sure bills are paid on time each month without having to worry about late fees. Putting the mortgage or rent on autopay can give you peace of mind.

But not all bills are great candidates for autopay. If you want to get ahead financially, it might be wise to be extra careful and avoid paying the following bills with autopsy.

Credit card charges can vary from month to month, depending on whether you make a big one-time purchase or shop more than you usually do during the month.

If money is automatically pulled from your checking account to pay the bill, it is possible that you will have a particularly large withdrawal after a month when you go a little crazy with the plastic. 

That could lead to an overdraft fee at your bank. By manually paying these bills, you can keep more cash in your wallet so that you never have to pay more than you budget. 

Utilities can fluctuate from month to month. Your electric bill might spike in the summer when your air conditioner is running, and your water bill could go higher when running the sprinklers.

Your gas bill may be super low in the summer but go high in the winter when the furnace is on.

Monitoring your bill can help you to see how much energy or water you use — and might motivate you to cut back.

Maybe you had good intentions when you signed up for that gym membership in January, but when was the last time you actually used it?

Setting a gym membership to autopay makes it easier to continue paying even after you have stopped using your membership.

Putting your cable bill on autopay means it’s out of sight, out of mind. So, even if you don’t watch much TV, you don’t think about what you are paying each month.

By forcing yourself to pay the bill, you will be more aware of what you’re spending — and more likely to ask yourself if it’s worth it.

As with cable TV, unwatched streaming services could also drain your budget if you have those bills on autopay.

Instead, consider re-evaluating your streaming services each month to see which ones you use and which ones you don’t. Many of these services don’t require an annual contract, so you can cancel when you want to.

Music streaming services let you play new songs or allow you to make your own setlists.

But like video streaming services, the cost of music services can add up if you aren’t paying attention. You may also forget that you’re paying for multiple services, or not realize you have access to other streaming music.

For example, a great Amazon hack for Prime members is to listen to streaming music with Amazon Music, which is included in your membership.

You may love getting a box of surprises in your mail each month, such as clothes picked out for you, healthy snacks delivered to your door, or a package of books that you’re excited to read.

But all these boxes can add up each month, and it’s harder to control costs or cancel monthly mailings when you already have the bills on autopay.

Dropping an unlimited cell phone plan and paying for only what you use each month can be a good idea.

But like your credit card bill, a cell phone bill that fluctuates each month can cause issues when you use autopay. For example, you might not be aware that you're using more data and texts than your allotment and are being charged for it.

One way to smooth fluctuating bills is to set an autopay to cover a bill up to a certain amount each month.

But if you exceed that limit, the balance of that bill could roll over from month to month and incur more interest without your knowledge.

Instead, make sure that any bills you do decide to autopay are set to pay in full.

Autopay can be convenient, and it makes sense for many bills. But there are times when you should think twice about using this service.

So, carefully consider when autopay is a good way to boost your bank account and when it's likely to be costly. Making the right decision can help you avoid unnecessary fees and keep your budget on track.