Should You Pay Your Bills Automatically?

Stacy says yes; Amanda says no. Here are tips on how to make the strategy work for you — if you want it to.

Setting up automatic payments sure can make managing your bills easier. You can set up bill payments through most checking and saving accounts, and your bank will send the check for you (you’ll even save on stamps). Many vendors also will allow you to set up online payments, giving them the ability to charge your credit card automatically. Some will even offer you a small discount for the privilege.

But auto-pay has its drawbacks. And it doesn't work for everyone. Are you ready to put your bills on autopilot? To help you find the right answer for you, read our arguments for and against it, as well as comments from some of our Facebook fans.

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Stacy Rapacon
Online Editor,

Rapacon joined Kiplinger in October 2007 as a reporter with Kiplinger's Personal Finance magazine and became an online editor for in June 2010. She previously served as editor of the "Starting Out" column, focusing on personal finance advice for people in their twenties and thirties.

Before joining Kiplinger, Rapacon worked as a senior research associate at b2b publishing house Judy Diamond Associates. She holds a B.A. degree in English from the George Washington University.