Debt | Everyday Living Tips

Why Your Monthly Bills Must Always Be Read

Monthly Bills


When you’re working on cutting expenses the last thing you need is to miss important errors on your monthly bills.

Everyone has their ideal best way to pay monthly bills whether it’s by direct debit, credit card, cash or even the somewhat forgotten cheque.

There really is no right or wrong way to pay your monthly bills as long as they are paid in full and on time.

Escaping interest is the name of the game to work towards debt freedom but in reality, not everyone does this.

Faith In Automating Monthly Bills

Another thing many people fail to do is read their monthly bills.

It’s so easy to sign up for email notifications of monthly bills and have them debited from your bank account when they are due.

How many of you log on to your dashboard and read the monthly bills you are paying for?

I bet not many of you because we live in an age where we set it and forget it.

Big Mistake!

Just making sure that monthly bills are paid eases any financial stress or anxiety one might have about staying afloat.

Leaving it at this payment point means that you could be throwing your hard-earned money away.

You’re missing one crucial process step and that’s setting time aside to ensure the accuracy of what you are paying for.

We do this every month when we review our budget to make sure everything is accurate and balances.

Monthly Bills List

Ensuring that you have a documented list of bills to pay each month is important so that they get paid and on time.

My monthly bills list when I lived on my own were fairly straight-forward but I always reviewed them.

Moving forward 12 years I have a  family, increased monthly bills and credit cards that require even more attention.

I know you’re probably wondering why someone so frugal has multiple credit cards and the answer is rewards points.

Besides our credit rating is in the 800’s and we are debt-free so it doesn’t affect us unless we don’t pay them in full.

Importance of Reading Monthly Bills

Cogeco Notification

Although having a monthly bills list is a great organizational idea financially that still doesn’t mean they are accurate.

Moving beyond the list and reading your monthly bills may uncover mistakes made by human or computer error.

When you are living on a tight budget the last thing you need is to reach the end of the month and run out of money.

All of a sudden you have everyday expenses such as groceries or petrol for your vehicle that you can no longer afford.

What happens then?

The quickest and easiest way for many is to take out their credit cards because they’ve run out of cash.

All of this convenience can easily add up to financial debt that becomes a struggle to pay back in full.

The odd part is understanding why we are so quick to dish out cash but slow to ensure what we are paying for is correct.

All you need to do is miss a billing error whether you pay your bill on time or not which then gets rolled into the next month or disappears with payment.

A payment that you may not have needed to pay for.

Consider for a moment all of the things Canadians likely pay for out of error that could have been put towards savings or other debts.

Every little bit counts and it’s your responsibility to account for every dollar you earn and every dollar you spend.

Scanning Code Of Monthly Bills

Of course, I’m not saying everyone sets their monthly bills on auto-pilot without reading them but I bet many of you do rely on accuracy.

When the Scanning Code of Practice (SCOP) was becoming well-known to Canadians more consumers started reading their receipts.

They were and still are thrilled to find pricing errors where they can earn a product for free if the price is scanned incorrectly.

What if we were given discounts if we found errors with our monthly bills?

I bet more Canadians would take the time to read their bills if there was an incentive like you get with SCOP.

Although this will likely never happen it’s up to consumers to protect their money by applying this type of money mindset.

Finding A Mistake On Monthly Bills

Years ago I wrote a blog post about the importance of reading your grocery receipts that became very popular.

The mere thought of being charged extra for food items not purchased, wrong prices or double charged hit home for shoppers.

It should be a big deal for everyone because we are handing money out for services or products for errors that should be caught.

After learning about SCOP years ago we started reading our monthly bills in detail.

Even though we receive an email notification that our PC World Elite MasterCard is due we would log on and read every expense together.

Since we also have a space in our budget binder for receipts for all monthly purchases it was easy to match up what was charged.

Then it happens, you find a mistake.

Mystery Charges On Monthly Bills

It's Back In Our Hands Cogeco

It wasn’t our monthly bill that we found the billing error on, it was for my mother-in-law.

Since we handle her monthly bills as she is unable to it’s our job to make sure they are accurate.

Upon reading her Cogeco bill last month we noticed a $100 charge for non-return of company equipment.

Both Mrs. CBB and I were not sure why they were charging her this fee since the rental equipment was returned.

To make things even more strange they sent her a thank-you email to say that the equipment was received.

Cogeco had sent us email tags for Purolator which I affixed to the outside of the box and brought in to our local store.

Our tracking of the package also showed that it was received by the sender.

So, why was she still charged an extra $100 that was debited from her bank account?

We had no clue so we made a phone call because for many people $100 is a big amount of money to have debited for nothing.

How To Properly Handle A Billing Error

There have been times we aren’t sure about charges on our credit cards or other monthly bills that we have to make a phone call to find out.

Some of you might shake it off as no big deal because hanging out on hold for a few dollars is not worth your time.

The problem is these companies need to know about any billing errors so they can fix the way they process our expenses.

Could you imagine a world where we accepted everything because we were too busy or too lazy to fix it?

Our world would fall apart and the same goes for our financial health, we need to take care of it.

1. Prepare Your Documents

The first thing to do before frantically making a phone call is to have all of your documents, monthly bills and emails ready for reference.

If you’re worried about spending too much time on the phone with customer service then stay organized to minimize this time.

2. Make Notes About The Error

Write down any notes about the mistake, dates, and have receipts ready just in case they want you to send in a photo of the said receipt.

In our case, we had the email confirming that they had received the digital equipment safely and our Purolator tracking number.

3. Call Customer Service

Stay calm because the person answering the phone had nothing to do with the billing error you are calling about.

Almost all monthly bills have a toll-free number you can call printed on the bill or located under the “contact us” tab on the company website.

Warmly greet the customer service rep and answer any preliminary questions they have for you about the account holder.

Explain the situation to them and let them know you have the documentation about your case if needed.

Tell them what you would like to see done about the situation.

4. Speak To A Manager

If you don’t find that you are getting anywhere with the first level contact for customer service politely ask to speak with a manager.

Although you may not think this is a manager situation service centers almost always have a manager and supervisor on staff to handle odd cases or unruly customers.

Not all first-level customer service representatives have the power to make changes to billing accounts where there are significant overage charges.

Just don’t accept no when you know there is a mistake and want it rectified.

In the even you are wrong, apologize to them and thank them for their time.

We’ve been wrong about errors on our monthly bills before and did the, “Oh ya, I remember now” when talking to customer service.

Treat each other respect and the call will go well.

5. Ask For Cash Back

The only downfall was that Cogeco only credited her account the $100 since she still has wi-fi services she pays for.

Personally, I think that when companies make monthly billing errors such as this that they should refund the customer in cash.

Once you have settled the mistake on your monthly bill ask them to return the money to your bank account or send a cheque.

If you are in dire need of the money they took by mistake explain your situation to them.

Worst case scenario your account will be credited.

In the end, it works out and again another reason an emergency savings account is imperative.

This would be an emergency worth taking money out had you really needed that $100 to get by until the end of the month.

Once you get ahead return the money back to balance your monthly bills and emergency savings account.

The reason why she was charged the extra $100 was due to not following the procedure by an employee.

  • No one opened the box to confirm how many items were in the box and assumed only 1 when there were 3.

Customer service had to put us on hold to speak with a manager who tried to track down the missing devices.

Strangely enough, they were in the system after being removed from the box and documented but not credited to the bill.

They went ahead and reversed the charge so she now has a credit of $100 on her Cogeco monthly bill.

The process was painless and customer service was 110% which was welcoming after waiting for answers.

Just Read Your Bills For Accuracy

End of story, read your monthly bills for mistakes.

If we hadn’t read the fine print on the paper bill that came in the mail we would have paid for that and not known.

Discussion: Have you ever found errors on your monthly bills? How did you handle it?

Leave me your comments below and I’ll be sure to reply.


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  1. Bell made an error when I put our cottages tv and telephone on seasonal suspension. (Only suspended the phone , not the tv) Same issue tho…would only give a credit and not a refund.

  2. Great point, I do read them. Some of them are tedious, some simple. I remind myself it’s after tax dollars, and then figure out my time. Working in a retail store, I understand double scanning happens and quickly rectify with a return which, unless it is cash, shows up for the customer generally in 48 hours. Keep your cool, it’s a small thing in a moment in time.

  3. PC Financial charged me twice for the same garden item. When I called the toll free number i was told (very nicely) that I had to go to the store where I purchased the item and get a refund. The store was in another city from where we live -thank goodness we were going there anyway on other business. When I went to the Information desk the person there contacted the store manager (I had my original receipt and copy of my credit card statement) and he said give me a credit to my PC card. ) All ended fine but it was only that fact that I had checked my bill closely and found double charges for the same day and same item -$60 returned. Worth the time and effort. However what would have happened if I was double charged while away on holiday——do you fly back for your refund???????

    1. That’s a very good point. I would probably alert the credit card company and let them deal with it. I’m not sure why they couldn’t handle it on their end especially that you were out of town. I’m sure you could have provided them with a scan of your receipt and then they could have taken it from there. Did you ask them if there was any other way to solve this issue as you lived our of the area? Glad you got your $60 back. MR. CBB

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