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Autopay is an incredibly convenient and hassle-free method that ensures timely payment of bills every month, eliminating the need to worry about late fees.
By setting up autopay for essential expenses like mortgage or rent, individuals can have peace of mind. However, it is important to note that not all bills are equally suitable for autopay.
When striving to improve one's financial situation and be more proactive, it is wise to exercise extra caution and refrain from using autopay for certain specific types of bills.
0:00 7 bills you should never put on autopay
0:46 1. Credit card
1:38 2. Utilities
2:47 3. Gym membership
3:42 4. Cable TV
4:39 5. Streaming services
5:48 6. Cell phone
6:46 7. Bills you don’t pay in full
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