Say hello to your Bills Jar! A dedicated account just for your Bills, that's 100% separate from your regular checking account.
Tracking and paying all of your bills & subscriptions just got a whole lot easier. All part of Douugh helping you to organize and better manage your money, and ensuring you're set up for success.
With your new Bills Jar, you can set aside money that's specifically for your bills, so you can have peace of mind knowing you have enough to cover your upcoming bill payments (and less chance of spending it). This means you can splurge guilt-free knowing the available balance in your Douugh checking account is safe to spend - on things like dining, entertainment, and more! Keep that calculator in the drawer and say so long to that continual thought of if I buy this, do I have enough money left to pay for my remaining bills? ๐
What type of bills should I pay out of my Bills Jar?
To help you budget better and for us to track your bills, you should aim to pay all of your recurring fixed/expenses and subscriptions out of your Bills Jar - the ones that you know you have to pay to survive, and they come out regularly.
- Fixed Expenses: Rent, Mortgage Repayments, Car Payments, Student Loan, Insurances
- Home Utilities & Services: Internet, Mobile Phone, Cable, Utilities, Gym/Fitness
- Online Subscriptions: Spotify, Netflix, Apple Subscriptions
- Anything you think is a bill: Expenses you want to track, get reminders, and never miss a payment
Paying your bills out of your Bill Jar
To track your bills you will need to pay for them with either your 'Bills Jar Virtual Mastercard Debit card' or your 'Bills Jar account and routing number'.
Tap the Card ๐ณ icon located at the top right to view your Bills Jar account information and view your virtual card (use your card number and expiry to pay your bills with your card).
Remember: Anything you want to track as a bill, must be paid for out of your Bills Jar, otherwise we won't be able to track it for you.