Budget billing for utilities?
Dave says budget billing plans for utilities are a great idea, especially if you're just starting to get control of your finances.
QUESTION: Ryan is just starting Dave’s plan, and he asks if budget billing is a good idea for utilities.
ANSWER: I think it’s wonderful! For a lot of folks, especially those in your situation, it helps smooth out utility payments and make them a little more manageable.
In most budget billing scenarios, they add up your utility bill for the last 12 months and divide that total by twelve to determine a fixed billing amount for the next twelve months. It can make things a lot easier when you’re first starting to live on a budget.