How to pay your bills and determine which ones are most important

  • January 28, 2022
  • By: GreenPath Financial Wellness

Having A Plan Will Be Important

Inflation means prices are rising for everyday goods and services. That means your money isn’t going as far as it used to.

A question you might be experiencing these last few months is how to make sure to pay your bills in a way that aligns with what’s most important to you. Which monthly expenses do you want to choose to pay first, which can save you money and which could be managed differently?

These are questions that many people are facing, especially those who have lost income or are motivated to review their expenses to better their situation.

To understand how to pay your bills by priority, start with reviewing any changes in your financial life. An unexpected change to income, for instance, can feel overwhelming and make keeping up with your current expenses a challenge. This time can be an opportunity to realign your expenses with your values.

If there have been changes in total household income, perhaps a family member is furloughed or laid off, the monthly outflow of expenses will be impacted, and having a plan will be important.

Pay your bills

Download the "Aligning Priorities" Workbook

The workbook suggests clear steps to take to gain confidence over your money choices. If you have questions about your financial, please contact a counselor.

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The “Aligning Priorities” workbook may be helpful for people who have experienced a sudden change, such as loss of income.

The workbook is also helpful for those who desire more clarity on their short-term financial plan, and those who feel motivated to take action toward a goal, but aren’t quite sure where to start.

The workbook leads you through the key steps and considerations needed to get control over your situation and prioritize your spending.

Understand How to Pay Your Bills by Priority

GreenPath is a team of people from your community, committed to helping you ease financial stress and worry through access to clear information.

We envision a world where people are ready for life’s ups and downs. Take a moment to download this resource to help you strengthen your financial wellness.

After you’ve downloaded the workbook come back and view the helpful video below. Our learning experience designer Alexandra completes the entire workbook identifying her monthly priorities.

Talk to A GreenPath Counselor

GreenPath Financial Wellness is a trusted national nonprofit with more than 60-years. Start a conversation with an expert.