The New Rule: Field Goal Bill Paying

Nobody likes paying bills.   Not longer than a few years ago, most people met the end of the month with the dreaded feeling of writing out checks and licking the back of envelopes—UGH!.   Over the past five years, many people in the United States have transitioned their bills from the check stuffing days to now merely having to fill in an amount and simply point and click.   With some providers sending you an e-bill alert now, you may not even have to remember when to pay the bill. I’ve learned over the past couple of years that the next generation of bill payers (your Generation X and Generation Y crowd) uses something that I like to call the Field Goal Rule when it comes to deciding whether or not to click the ‘pay now’ button.   Here’s how the rule works.   When a particular bill comes such as cable television, cell phone, or local water bill comes, a bill payer has ...

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I Like My Wallet

Google announced Thursday of last week that they wanted their Google powered cell phone to be your new wallet.  They essentially announced that a new payment system will link your smartphone to your credit card or a reloadable prepaid credit card.  The new product is called Google Wallet, and it lets a shopper pay for purchases and access promotional offers right on his or her personal smartphone.   This type of technology is widely used in Asia and several other countries. (www.ajc.com) STOP!  Stop right there in your tracks!   I am here for the record to say that I truly like my Wallet.  Now, I don’t quite carry a George Constanza wallet on me, but there is a magical moment that happens when you get to take out your wallet, peek inside to see all of your cards and money, and then prominently display your payment method to the merchant of your choice.    As I mentioned in one of my recent ...

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If Time Equals Money You Better Know How To Uncheck A Box

The names of two very famous magazines are front and center on the racks of grocery and book stores all across the country.  Those two names are Time Magazine and Money Magazine.   As I’ve learned over the years, time and money are two really interchangeable parts and it is usually tough to have to both at the same time.   In a famous Eagles song they sing, “You can spend all of your time making money, or spend all of your money making time”. With the proliferation of the internet, we are often encouraged to sign up for services with different companies on line that are supposed to offer us services or deals that can save us time or money.  These range from our MP3 players to coupon sites to the colleges we attended. If you are like me, many days I open my e-mail and wonder how I got on the newsletter list which sits in my e-mail box that ...

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