I pay all of my bills by Direct Debit as I am too forgetful to remember to pay everything on time but there is one other advantage if you choose to pay your bills this way - It actually saves you money.

In fact, according to research recently completed by Bacs Payment Schemes, if you opt to pay your utility, telephone and television bills by Direct Debit rather than other methods you could save up to £230 a year.
Their findings confirm that by using the same company for your gas and electricity and making your payments by Direct Debit, you will save almost £100.00 compared to someone using different companies for their energy and paying by a different method.

The same thing applies if you get your digital TV and broadband from the same company. If you do this and pay by Direct Debit you could save around £60.00.

By paying a landline phone bill by debit, you could get an £18 yearly saving and paying a magazine subscription by Direct debit could lead to savings of up to £16 a year.

Some mobile phone companies include an extra charge on your bill if you don't pay by Direct Debit which means that you couls save a further £36 by setting up a Direct Debit to pay this bill.

Direct Debits also help you to budget as they are generally taken monthly so you know exactly how much will be coming out of your account each month and it is easier to budget for the bills as you can spread the cost.

So not only will you be more organised, you will also save money.