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How to Budget (and Pay) for Yearly Bills + a FREE Speadsheet

Family Balance Sheet

Not sure how to budget for your once-a-year bills? But let me show you how to budget (and pay) for yearly bills with a strategy I’ve used for years. It all started years ago when we refinanced our mortgage and were no longer required to send an escrow payment to the bank for real estate taxes and our home owner’s insurance.

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Create a Personal Escrow Account for Your Quarterly & Yearly Bills

Family Balance Sheet

Our home-owner’s insurance, auto insurance, and local real-estate taxes (for our home and our business property) are due, and on top of that, we also owed the Federal government this year. I started our personal escrow account years ago, when we refinanced our mortgage. April is always a very expensive month for us.

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HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

This might help shield your budget from fluctuating-rate increases. This unpredictability could wreak havoc on your budget. The average mortgage holder now has $299,000 in equity , up from $274,000 at the end of 2022, according to ICE Mortgage Technology, a real estate data analysis firm.

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Yakezie Carnival October 16, 2011- Growth Edition

Prairie Eco-Thrifter

Yeah, There’s a Calculator for That Refinancing your mortgage to a lower rate and paying the same amount is an interesting sound-byte from Personal Finance Bloggers – but has anyone really run the numbers? 20′s Finances: Hiring a Property Manager: What it Offers You Real Estate Investments can be time consuming.

October 200
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Pros and Cons of Paying Off Your Mortgage Early

Prairie Eco-Thrifter

If you are in the speculative real estate market, your situation is different again. How to Save Money on Your Home’s Mortgage The biggest expense in most people’s budget is their mortgage payment. Most mortgages cover the family home and so the investment is held until they want to move or down-size. Here’s what you.