We often take paying bills for granted. We routinely do it and not think much about it. We sometimes are not even concerned if we pay bills late. But there are some potential major benefits of paying your bills on time. Here are a few of the important ones:

It is extremely difficult to setup a budget, especially when you are behind on some of your bills. Even if you can make your regular bills and expenses fit neatly into your budget, what can you do if you don’t have the money to catch up?