Efficient cash managers set up a payment calendar each month, which allows them to pay their bills on time and to take advantage of cash discounts for early payment.

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Efficient cash managers understand the importance of paying bills on time to avoid late fees and taking advantage of cash discounts for early payment. They create a payment calendar each month that outlines when bills are due and when cash discounts are available. This strategy helps them proactively manage their cash flow and maximize their savings.

Efficient Cash Managers Set Up a Payment Calendar Each Month