![\"Japanese](\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/09\/man-drinking-coffee-laptop-paperwork-bills-financial-documents_iStock-1479692493.jpg\")
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GOBankingRates’ editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services – our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines<\/a> and our products and services review methodology<\/a>.<\/p>\n 20 Years Trusted by Autopay feels like one of life\u2019s little luxuries. You set it up once, and suddenly bills<\/a> are paid on time, late fees disappear and your to-do list gets a little shorter.\u00a0For most things, it\u2019s a no-brainer \u2014 why not make life easier?\u00a0<\/p>\n But here\u2019s the twist: Not every bill belongs on autopay. Some expenses are better managed with a watchful eye, whether it\u2019s because the amounts can change, mistakes happen more often or you just don\u2019t want to hand over full control.\u00a0<\/p>\n<\/p>\n GOBankingRates spoke with Michael Foguth, founder and president of Foguth Financial Group<\/a>, to discuss the bills his millionaire clients keep off autopay \u2014 and for good reason. \u201cAutopay is convenient, but my millionaire clients are very selective about which bills they put on autopilot. Even with plenty of resources, they avoid three categories,\u201d he said.<\/p>\n Here are the three bills his millionaire clients don\u2019t put on autopay<\/a>.<\/p>\n Credit Card Bills<\/p>\n According to Foguth, high net worth clients often have multiple cards for points<\/a> or business expenses.\u00a0\u201cIf all of them were set to autopay the statement balance automatically, it could trigger overdrafts or liquidity issues in certain accounts,\u201d he said.\u00a0<\/p>\n More importantly, he said they prefer to review charges line by line to catch fraud, billing errors or duplicate charges.\u00a0\u201cI had a client spot $2,500 in fraudulent international transactions simply because they manually reviewed before paying,\u201d he said.<\/p>\n Medical Bills<\/p>\n Medical bills<\/a> are notoriously prone to errors, double billing, miscoding and insurance issues.<\/p>\n Foguth noted that putting these bills on autopay means you may be paying more than you should.\u00a0\u201cOne client avoided a $1,200 overcharge by requesting a corrected statement instead of letting autopay sweep it through,\u201d he said.<\/p>\n<\/p>\n Large, Variable Utility or Tax Bills<\/p>\n Foguth explained that property taxes<\/a> and certain utilities (like heating in winter) can fluctuate dramatically.\u00a0\u201cA $300 average gas bill can suddenly jump to $900 during a cold snap,\u201d he said.<\/p>\n His millionaire clients prefer to review and plan cash flow before authorizing these spikes, rather than risk an unexpected hit to liquidity in one account.<\/p>\n<\/p>\n Wealth Doesn\u2019t Eliminate the Need for Oversight<\/p>\n According to Foguth, the broader lesson here is that wealth doesn\u2019t eliminate the need for oversight.\u00a0<\/p>\n Autopay is best for predictable, low-risk bills, like subscriptions or insurance premiums.\u00a0\u201cFor large, variable or error-prone expenses, a manual review protects you no matter your net worth<\/a>,\u201d he said.<\/p>\n![\"\"](\"https:\/\/cdn.gobankingrates.com\/wp-content\/uploads\/2023\/11\/icon-20.svg?webp=1&quality=75\"){kind=icon}
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