If your bank or credit union offers bill pay, log in to your online account and ... Also, for bills with variable monthly amounts, you'll need to remember to change the payment amount each time.

Careful consideration of these two factors can help ensure that you find a financially feasible and personally beneficial approach to reducing your monthly payments and consolidating your bills.

Prioritizing which bills should be paid is key, and below is a helpful guideline for strategizing monthly expense payments. Also check out which expenses to cut from your budget. Having a roof ...