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Posted by Andrew DeFaria on August 28, 2007, 2:26 am
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sharx35 wrote:
> Just out of curiosity, what does this Quicken Bill Payment system cost
> you? If it costs even more than ONE CENT, it costs you more than the
> system I use: pre-authorized debits. NOT ONE CENT they cost me.
It is not always the case that the cheapest is the best nor preferable.
Sometimes you get what you pay for. Sometimes paying a little bit of
money for convenience is worth it. YMMV.
--
Andrew DeFaria <http://defaria.com> Ambivalent? Well, yes and no.
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sharx35 wrote:<br>
<blockquote type="cite">Just out of curiosity, what does this Quicken
Bill Payment system cost you? If it costs even more than ONE CENT, it
costs you more than the system I use: pre-authorized debits. NOT ONE
CENT they cost me.<br>
</blockquote>
It is not always the case that the cheapest is the best nor preferable.
Sometimes you get what you pay for. Sometimes paying a little bit of
money for convenience is worth it. YMMV.<br>
<div class="moz-signature">-- <br>
<a href="http://defaria.com">Andrew DeFaria</a><br>
<small><font color="#999999">Ambivalent? Well, yes and no.</font></small>
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Posted by sharx35 on August 28, 2007, 3:04 am
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: quoted-printable
I most certainly agree with that statement: sometimes one does get what =
they pay for---sometimes they get even less. However, over the years I =
have migrated virtually all of my payments...and payments to me...to =
fully automated electronic banking. To date, it has always worked =
fine...saving me thousands of hours, and lots of money in envelopes, =
postages, etc..
sharx35 wrote:
Just out of curiosity, what does this Quicken Bill Payment system =
cost you? If it costs even more than ONE CENT, it costs you more than =
the system I use: pre-authorized debits. NOT ONE CENT they cost me.
It is not always the case that the cheapest is the best nor =
preferable. Sometimes you get what you pay for. Sometimes paying a =
little bit of money for convenience is worth it. YMMV.
--=20
Andrew DeFaria
Ambivalent? Well, yes and no.
------=_NextPart_000_002E_01C7E90F.6955F250
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<BODY text=3D#000000 bgColor=3D#ffffff>
<DIV><FONT face=3DArial size=3D2>I most certainly agree with that =
statement:=20
sometimes one does get what they pay for---sometimes they get even less. =
However, over the years I have migrated virtually all of my =
payments...and=20
payments to me...to fully automated electronic banking. To date, it has =
always=20
worked fine...saving me thousands of hours, and lots of money in =
envelopes,=20
postages, etc..</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV> </DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV>"Andrew DeFaria" <<A=20
message=20
<A=20
=
815e3792@news.qwest.net</A>...</DIV>sharx35=20
wrote:<BR>
<BLOCKQUOTE type=3D"cite">Just out of curiosity, what does this =
Quicken Bill=20
Payment system cost you? If it costs even more than ONE CENT, it =
costs you=20
more than the system I use: pre-authorized debits. NOT ONE CENT they =
cost=20
me.<BR></BLOCKQUOTE>It is not always the case that the cheapest is =
the best=20
nor preferable. Sometimes you get what you pay for. Sometimes paying a =
little=20
bit of money for convenience is worth it. YMMV.<BR>
<DIV class=3Dmoz-signature>-- <BR><A =
href=3D"http://defaria.com">Andrew=20 DeFaria</A><BR><SMALL><FONT color=3D#999999>Ambivalent? Well, yes and=20
no.</FONT></SMALL> </DIV></BLOCKQUOTE></BODY></HTML>
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Posted by Andrew DeFaria on August 28, 2007, 11:10 am
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sharx35 wrote:
> I most certainly agree with that statement: sometimes one does get
> what they pay for---sometimes they get even less.
Well I'm here to tell ya son, the other statements are equally as true.
In time you may learn this too...
> However, over the years I have migrated virtually all of my
> payments...and payments to me...to fully automated electronic banking.
> To date, it has always worked fine...saving me thousands of hours, and
> lots of money in envelopes, postages, etc..
As have I - *for the last 12 years!* Though I do pay a fee. Bottom line
is that to me it's worth it.
--
Andrew DeFaria <http://defaria.com> Is it time for your medication or mine?
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sharx35 wrote:
<title></title>
<meta http-equiv="Content-Type" content="text/html;charset=ISO-8859-1">
<meta content="MSHTML 6.00.6000.16525" name="GENERATOR">
<style></style>
<div>I most certainly agree with that statement: sometimes one does
get what they pay for---sometimes they get even less. </div>
</blockquote>
Well I'm here to tell ya son, the other statements are equally as true.
In time you may learn this too...<br>
<div>However, over the years I have migrated virtually all of my
payments...and payments to me...to fully automated electronic banking.
To date, it has always worked fine...saving me thousands of hours, and
lots of money in envelopes, postages, etc..</div>
</blockquote>
As have I - <b>for the last 12 years!</b> Though I do pay a fee.
Bottom line is that to me it's worth it.<br>
<div class="moz-signature">-- <br>
<a href="http://defaria.com">Andrew DeFaria</a><br>
<small><font color="#999999">Is it time for your medication or
mine?</font></small>
</div>
</body>
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Posted by L on August 28, 2007, 10:42 am
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<snipped>
> Just out of curiosity, what does this Quicken Bill Payment system cost
> you?
Initiating bill payments from Quicken does not necessarily cost anything -
the cost is dependent on your financial institution.
For MANY years (close to a decade) I initiated payments from within Quicken
for no cost - but just recently Wachovia instituted a fee schedule for
initiating payments through Quicken or Money.
> If it costs even more than ONE CENT, it costs you more than the system I
> use: pre-authorized debits. NOT ONE CENT they cost me.
>
Pre-authorized debits with individual accounts have a few disadvantages,
IMO. Primarily, you need to update information with more than one vendor if
you change banks, change payment amounts, or want to cancel an account.
Using a bill-pay system, whether through personal finance software, or
through your financial institution, keeps all the authorizations in a single
place. While Wachovia instituted a fee schedule for payments initiated
through software programs, they added a free bill payment service at their
website.
Many banks offer this free service, and Quicken can still be used to keep
track of the transactions.
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