I’m a money expert – here’s the exact day of the month you should pay your bills to save money

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A MONEY expert has revealed the exact day of the month you should pay your bills to help you save money.

Blogger Bola Sokunbi took to TikTok to explain why you should organize your bill payments around your payday.

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A money expert revealed when to aim to pay your bills

You may find that different bills such as your rent, water, gas and electricity come out of your account at different times of the month.

Posting on her TikTok account under the handle @clevergirlfinance, Bola explained why organizing them around your payday will help you save and better manage your money.

She said: “It will help you stay organized and you can schedule your bill due dates around when you get paid.”

Bola said to call your suppliers or lenders and ask them to move your bill due dates to specific dates around when you get paid.

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“Most suppliers will do this as long as it’s within a certain number of days of the original invoice’s due date,” she said.

His advice was appreciated by hundreds, with one fan saying his advice was “brilliant”.

The Sun has reviewed a number of major providers and lenders to see what their bill payment data modification policies are.

Banks

Barclaycard customers can change their payment dates via the Barclaycard app, using the Chat service.

An assistant will then see if they can change the date to the one you want – if not, they’ll offer you one as close to the date as you want.

You cannot change the date if you have changed it twice in the last 12 months.

You can also easily change payment dates at Nationwide – all you need to do is call their helpline on 03456 00 66 11.

And for HSBC, call the support team on 03457 404 404.

Broadband providers

Virgin Media customers can only change their billing date twice in a 12 month period.

Changing the date will change the start date of your monthly plan – this means that the first bill you receive after the change could be higher.

Text the company on 0753 305 1809.

Sky customers can only change their payment date between the 1st and 28th of each month.

You can only change it once a month.

If you are a BT customer and pay your bills monthly or quarterly, you can change your payment date.

Mobile phone providers

Three customers can go to their Three app and change their payment date there.

You can change the date after your first bill, but make sure there are more than 48 hours before your next payment is due.

Vodafone customers can go online and start a conversation with its help desk if they want to change their payment date.

EE customers can go to the supplier’s website, log into their account and change the payment date themselves.

Any changes you make will impact your next bill – you’ll be charged more if you defer your bill to a later date, for example.

How to get help if you’re having trouble paying your bills

If you cannot pay your cellphone, telephone, internet or TV bill, Citizens Advice advises you to contact your provider and ask for help.

They might agree to lower your bill, increase your data or download limit, or switch you to another contract that suits you better.

For water bills, you can get help through a program called WaterSure.

This allows water companies to cap customers’ bills on certain services that consume a lot of water for essential family or health reasons.

If you have a debt with your energy supplier, you may be able to get a grant from a number of companies to help pay it off.

For example, the British Gas Energy Trust is open to everyone, not just British Gas customers, and you can learn more and apply here.

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Plus, you can get help paying your rent — or your mortgage — if you qualify for Universal Credit. This is called your housing element.

You can learn more and how to apply here.

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