Credit Card Due Date
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From: Tadjio on 22 Apr 2010 17:57 "Bob I" <birelan(a)yahoo.com> wrote in message news:%231krzIl4KHA.3712(a)TK2MSFTNGP04.phx.gbl... > > Tadjio wrote: > >> "VanguardLH" <V(a)nguard.LH> wrote in message >> news:hqq3ba$ek9$1(a)news.albasani.net... >> >>>Tadjio wrote: >>> >>> >>>>Is it possible to set an Outlook Task >>>>to remind on a given working day of the month >>>>e.g. 15th working day? >>>>Then I will know my Credit Card Bill is due. >>> >>>Have you looked at the monthly Recurrence options for a task? >> >> >> >> Yes. They can be of the form First, Second, Third or Last >> xxxday of the Month. >> >> I am using Outlook 2007 > > Why does it have to be the 15th working day, the bills aren't due based on > that criteria. > Oh yes they are. My Visa statement date is the 15th working day of each month and my MasterCard is the 16th. -- Tadjio
From: Tadjio on 22 Apr 2010 18:04 "VanguardLH" <V(a)nguard.LH> wrote in message news:hqqak9$rn8$1(a)news.albasani.net... > Tadjio wrote: >> VanguardLH wrote ... >>> Tadjio wrote: >>> >>>> Is it possible to set an Outlook Task to remind on a given working day >>>> of the month e.g. 15th working day? >>> >>> Have you looked at the monthly Recurrence options for a task? >> >> Yes. They can be of the form First, Second, Third or Last xxxday of the >> Month. >> >> I am using Outlook 2007 > > I doubt OL2007 tossed away the recurrence options available in OL2003. > When you select the Monthly recurrence pattern, what options show up? > There isn't one where you can elect "Day xx of every x months"? As I said, in the Monthly recurrence pattern : They can be of the form The First/Second/Third/Last xxxday of the Month where xxxday can be Sunday to Saturday or 'day, 'weekday' or 'weekend day' as well as Day nn of Every nn Months. Note that 'Working Day' is Monday to Friday excluding Public / Bank Holidays such as Easter. This month Easter added 2 days to my statement date. -- Tadjio
From: VanguardLH on 22 Apr 2010 21:27 Tadjio wrote: > VanguardLH wrote ... > >> Tadjio wrote: >> >>> VanguardLH wrote ... >>> >>>> Tadjio wrote: >>>> >>>>> Is it possible to set an Outlook Task to remind on a given working day >>>>> of the month e.g. 15th working day? >>>> >>>> Have you looked at the monthly Recurrence options for a task? >>> >>> Yes. They can be of the form First, Second, Third or Last xxxday of the >>> Month. >>> >>> I am using Outlook 2007 >> >> I doubt OL2007 tossed away the recurrence options available in OL2003. >> When you select the Monthly recurrence pattern, what options show up? >> There isn't one where you can elect "Day xx of every x months"? > > As I said, in the Monthly recurrence pattern : > ... > as well as > Day nn of Every nn Months. As you said? No, you didn't say before and only added the second clause in your NEXT reply. Tou did NOT mention the "Day nn of Every n Months" option to which I pointed out. "They can be of the form First, Second, Third or Last xxxday of the Month" That's just one option available where "xxxday" is the day-of-the-week (Monday, Tuesday, etc), day, weekday, or weekend day. There is no "working day" counting option because which days are working days depends on your schedule versus someone else's schedule, your religion versus theirs, and all their other arbitrary causes for creating holidays and other special days. Just because a holiday is listed in your calendar does NOT make that a non-working day. Try to convince the 7-11 worker, store employee, and waitress that them toiling on a holiday is a non-workday. Only after I mentioned the "Day N of every N Months" did you then mention it in your next reply. You might've meant to mention that option but you didn't probably because that option doesn't fit in with your nebulous "working day" definition. > Note that 'Working Day' is Monday to Friday For you. Not for everyone. I'm not sure banks worldwide have the same working days, either. After all, in a nation that is NOT predominately Christian, why would they be closed on holidays that aren't part of the religious tenets for their preponderous majority of customers? My credit card company includes Saturday as a working day so there goes your claim that Monday to Friday is universal. Did you even call your creditor to ask just what are THEIR working days? We only know your working days. If YOUR working days is how you plan on measuring on how you think someone else is going to define their working days, then use "The 15th workday of every 1 month" condition. Of course, since there will be, at a minimum, 2 weekends during that time, the 15th workday is going to be further out than the 15th of the month. > excluding Public / Bank Holidays such as Easter. > This month Easter added 2 days to my statement date. Which has nothing to do with the holiday itself since Easter is always on Sunday when banks are closed (here). Of course, I don't know where you are or where is your bank that is the creditor so you or they might be somewhere that Christian holidays aren't prevasive and banks have different working days than where I am. I don't know the world banking system enough to know that all banks all close on the same days or that credit agencies obey the same workday schedule as banks. What's a working day for you and me and your bank and your creditor probably don't match up. As someone pointed out, the credit card company doesn't go by a fixed day of the month or some contrived working day of the month that is appropriate for yourself where they exclude what are holidays for YOU versus them. Go look at your prior statements. The due date changes. Mine roam around anywhere from the 15th (the earliest) to the 24th (the latest) although I've asked them to set the 20th as my due date. Since the credit company or bank is the one that establishes the due dates, why not go ask them for a year's worth of due dates for your account. Then go add THEIR calculated due dates in your calendar. In the last 2 calendar appointments, add a note to get the next year's worth of due dates (I wouldn't commit myself to more than a year of their expected due dates). Then add a 1- or 2-week reminder to the appointment. You need to stop using a generic calendar for figuring out due dates that are determined at the whim of your bank. Get THEIR schedule. Of course, if you are that worried about making the due date then you might be eeking a living from paycheck to paycheck. So it is with which paycheck you will be making your payment that is important. So just remember that it's the 2nd payback whether paid biweekly or weekly that you have to use up to make your payment that is due sometime near after the 15th of the month. You can't pay them until you get paid, anyway. When you get your 2nd paycheck of the month, pay your bills regardless that their due dates are a week away, or more. You might also find their due date lands on a weekend but they aren't open on the weekend. Does that mean you can deliver it on the weekend and not be charged a late fee? Nope, because they need the payment before that because otherwise they don't process your payment until the following business day and that's after the due date. Your payment due on Saturday might physically reach their office at the end of Friday but not get processed until Monday so you're still stuck with a late fee. You need to get your payment there BEFORE it is due and during the week before the weekend of the week it is due. You also need to check when that bank or creditor processes payments. Even though Friday might be a workday for both you and them, they might not process payments on Fridays. You're stuck with a late fee because they got it in time by the calendar date by not in time for their processing schedule. Some places you have to get the payment to them physically 3 days ahead of the due date to ensure they process it in time and don't nail you with a late fee. You'll have to find out what the policies are at your creditor's bank, what days they process the received payments, how long it takes to process the payments, and get THEIR schedule of due dates since they are the ones choosing when to ream you. You don't want the truck running over you while crossing the street when the light changes. You want to already be across the street when the light changes. Besides, just how are you going to guarantee that your payment arrives before the due date if you are postal mailing it unless you send it well in advance? Who says the postal service will always take the same number of days to deliver your payment? If paying online then you definitely need to find out how long after receiving the electronic transfer before they actually commit the transfer from your bank, how long the transfer takes, how long it takes them to process electronic payments after receiving the transferred money, and on which days they do not process any payments. Isn't the postal mailing that arrives a couple weeks before the due date sufficient notice to remind you to pay those bills? If you went with e-payments, they'll send you an e-mail notice BEFORE the payment is due. What good is a reminder in Outlook when your computer is turned off or when Outlook isn't running? Reminders for calendar events or tasks in Outlook are only useful while you are at your powered computer and you left Outlook running continuously. If you are trying to use Outlook to give you the minimal lead time to submit your payment, you will still end occasionally getting nailed with late fees.
From: Tadjio on 23 Apr 2010 04:35 ??? ;-) -- Tadjio "VanguardLH" <V(a)nguard.LH> wrote in message news:hqqt2d$nco$1(a)news.albasani.net... > Tadjio wrote: > >> VanguardLH wrote ... >> >>> Tadjio wrote: >>> >>>> VanguardLH wrote ... >>>> >>>>> Tadjio wrote: >>>>> >>>>>> Is it possible to set an Outlook Task to remind on a given working >>>>>> day >>>>>> of the month e.g. 15th working day? >>>>> >>>>> Have you looked at the monthly Recurrence options for a task? >>>> >>>> Yes. They can be of the form First, Second, Third or Last xxxday of the >>>> Month. >>>> >>>> I am using Outlook 2007 >>> >>> I doubt OL2007 tossed away the recurrence options available in OL2003. >>> When you select the Monthly recurrence pattern, what options show up? >>> There isn't one where you can elect "Day xx of every x months"? >> >> As I said, in the Monthly recurrence pattern : >> ... >> as well as >> Day nn of Every nn Months. > > As you said? No, you didn't say before and only added the second clause > in > your NEXT reply. Tou did NOT mention the "Day nn of Every n Months" > option > to which I pointed out. > > "They can be of the form First, Second, Third or Last xxxday of the Month" > > That's just one option available where "xxxday" is the day-of-the-week > (Monday, Tuesday, etc), day, weekday, or weekend day. There is no > "working > day" counting option because which days are working days depends on your > schedule versus someone else's schedule, your religion versus theirs, and > all their other arbitrary causes for creating holidays and other special > days. Just because a holiday is listed in your calendar does NOT make > that > a non-working day. Try to convince the 7-11 worker, store employee, and > waitress that them toiling on a holiday is a non-workday. > > Only after I mentioned the "Day N of every N Months" did you then mention > it > in your next reply. You might've meant to mention that option but you > didn't probably because that option doesn't fit in with your nebulous > "working day" definition. > >> Note that 'Working Day' is Monday to Friday > > For you. Not for everyone. I'm not sure banks worldwide have the same > working days, either. After all, in a nation that is NOT predominately > Christian, why would they be closed on holidays that aren't part of the > religious tenets for their preponderous majority of customers? My credit > card company includes Saturday as a working day so there goes your claim > that Monday to Friday is universal. Did you even call your creditor to > ask > just what are THEIR working days? We only know your working days. If > YOUR > working days is how you plan on measuring on how you think someone else is > going to define their working days, then use "The 15th workday of every 1 > month" condition. Of course, since there will be, at a minimum, 2 > weekends > during that time, the 15th workday is going to be further out than the > 15th > of the month. > >> excluding Public / Bank Holidays such as Easter. >> This month Easter added 2 days to my statement date. > > Which has nothing to do with the holiday itself since Easter is always on > Sunday when banks are closed (here). Of course, I don't know where you > are > or where is your bank that is the creditor so you or they might be > somewhere > that Christian holidays aren't prevasive and banks have different working > days than where I am. I don't know the world banking system enough to > know > that all banks all close on the same days or that credit agencies obey the > same workday schedule as banks. What's a working day for you and me and > your bank and your creditor probably don't match up. > > As someone pointed out, the credit card company doesn't go by a fixed day > of > the month or some contrived working day of the month that is appropriate > for > yourself where they exclude what are holidays for YOU versus them. Go > look > at your prior statements. The due date changes. Mine roam around > anywhere > from the 15th (the earliest) to the 24th (the latest) although I've asked > them to set the 20th as my due date. Since the credit company or bank is > the one that establishes the due dates, why not go ask them for a year's > worth of due dates for your account. Then go add THEIR calculated due > dates > in your calendar. In the last 2 calendar appointments, add a note to get > the next year's worth of due dates (I wouldn't commit myself to more than > a > year of their expected due dates). Then add a 1- or 2-week reminder to > the > appointment. You need to stop using a generic calendar for figuring out > due > dates that are determined at the whim of your bank. Get THEIR schedule. > > Of course, if you are that worried about making the due date then you > might > be eeking a living from paycheck to paycheck. So it is with which > paycheck > you will be making your payment that is important. So just remember that > it's the 2nd payback whether paid biweekly or weekly that you have to use > up > to make your payment that is due sometime near after the 15th of the > month. > You can't pay them until you get paid, anyway. When you get your 2nd > paycheck of the month, pay your bills regardless that their due dates are > a > week away, or more. > > You might also find their due date lands on a weekend but they aren't open > on the weekend. Does that mean you can deliver it on the weekend and not > be > charged a late fee? Nope, because they need the payment before that > because > otherwise they don't process your payment until the following business day > and that's after the due date. Your payment due on Saturday might > physically reach their office at the end of Friday but not get processed > until Monday so you're still stuck with a late fee. You need to get your > payment there BEFORE it is due and during the week before the weekend of > the > week it is due. > > You also need to check when that bank or creditor processes payments. > Even > though Friday might be a workday for both you and them, they might not > process payments on Fridays. You're stuck with a late fee because they > got > it in time by the calendar date by not in time for their processing > schedule. Some places you have to get the payment to them physically 3 > days > ahead of the due date to ensure they process it in time and don't nail you > with a late fee. You'll have to find out what the policies are at your > creditor's bank, what days they process the received payments, how long it > takes to process the payments, and get THEIR schedule of due dates since > they are the ones choosing when to ream you. > > You don't want the truck running over you while crossing the street when > the > light changes. You want to already be across the street when the light > changes. Besides, just how are you going to guarantee that your payment > arrives before the due date if you are postal mailing it unless you send > it > well in advance? Who says the postal service will always take the same > number of days to deliver your payment? If paying online then you > definitely need to find out how long after receiving the electronic > transfer > before they actually commit the transfer from your bank, how long the > transfer takes, how long it takes them to process electronic payments > after > receiving the transferred money, and on which days they do not process any > payments. > > Isn't the postal mailing that arrives a couple weeks before the due date > sufficient notice to remind you to pay those bills? If you went with > e-payments, they'll send you an e-mail notice BEFORE the payment is due. > What good is a reminder in Outlook when your computer is turned off or > when > Outlook isn't running? Reminders for calendar events or tasks in Outlook > are only useful while you are at your powered computer and you left > Outlook > running continuously. If you are trying to use Outlook to give you the > minimal lead time to submit your payment, you will still end occasionally > getting nailed with late fees.
From: Bob I on 23 Apr 2010 08:57
Tadjio wrote: > "Bob I" <birelan(a)yahoo.com> wrote in message > news:%231krzIl4KHA.3712(a)TK2MSFTNGP04.phx.gbl... > >>Tadjio wrote: >> >> >>>"VanguardLH" <V(a)nguard.LH> wrote in message >>>news:hqq3ba$ek9$1(a)news.albasani.net... >>> >>> >>>>Tadjio wrote: >>>> >>>> >>>> >>>>>Is it possible to set an Outlook Task >>>>>to remind on a given working day of the month >>>>>e.g. 15th working day? >>>>>Then I will know my Credit Card Bill is due. >>>> >>>>Have you looked at the monthly Recurrence options for a task? >>> >>> >>> >>>Yes. They can be of the form First, Second, Third or Last >>>xxxday of the Month. >>> >>>I am using Outlook 2007 >> >>Why does it have to be the 15th working day, the bills aren't due based on >>that criteria. >> > > > Oh yes they are. > My Visa statement date is the 15th working day of each month > and my MasterCard is the 16th. Statement date and Due date are not the same thing. |