Identify two methods a person can use to pay their bills online. explain the advantages and disadvantages of both methods.

1) You can pay your bills online using your debit, credit card, or an electronic check. Advantage: you pay when you want and when you are sure you have money in the bank. Disadvantage: you have to remember to pay the bills by the due date.

2) You can set up automatic withdrawal from your bank account to pay your bills. Advantage: once you set it up, you do not have to remember to pay the monthly bills. Disadvantage: if you do not check your checking account balance to be sure there is enough money to cover the bills, your account may go negative.

Hope this helps! :)