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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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How to Manage Your Personal Loan

Savings Corner

Managing a personal loan successfully, however, requires understanding how the payments change your monthly budget and creating a clear plan to pay off the loan. Because of the short terms on unsecured loans, Downing says she doesn’t get a lot of inquiries about refinancing them, but there are times when it’s beneficial.

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Family Office Manager

Family Balance Sheet

Instead, he shared the story about Susan, a wife, and mother who handled all of the financial tasks in her home, from budgeting to making investment decisions. Over the years, my FOM duties included: Review the day-to-day/month-to-month budget and spending for our household. Update budgeting software on a regular basis.

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Create a Personal Escrow Account for Your Quarterly & Yearly Bills

Family Balance Sheet

I started our personal escrow account years ago, when we refinanced our mortgage. This new number will become a line item on your monthly budget. Every month, transfer this money into a savings account that is connected to your checking account. How do you pay for your quarterly and yearly expenses?

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Meet a Reader | M from the PNW

The Frugal Girl

I want it to be what they want to wear within our budget! We took out an 80/20 adjustable rate, interest-only mortgage in 2005 to buy a house at the very top of our budget. Some to the school fundraiser I just got an email about, and the rest to our high-yield savings account! It’s just not in our budget.