Bill always pays his bills on time.

Fact: Paying the bills is the least enjoyable thing to do, ever. Period.

Fact: You kind of have to do it anyways.

Fact: It’s REALLY important that you do, seriously.

If you’ve ever seen Lock Stock and Two Smoking Barrels, you’ll know that not paying someone back has serious consequences. For those of us who don’t enter high stakes card games, not paying for our expenses on time can still have negative implications. If you don’t learn to be punctual with payments now, you’re screwing yourself over in the long run.

To put this into perspective, let’s look at the outcomes of some scenarios where bills are paid late:

Mortgages: (more…)