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

Family Balance Sheet

They can cause a panic, especially when just one bill is into the four figures, like our property taxes or auto insurance! This system could take you up to a year to run smoothly, so if you start the fund in May and a bill is due in June, you might not have enough money in your fund yet. Don’t let that deter you.

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How to Start a Budget (and be successful at it!)

Family Balance Sheet

For example, if today is May 22, then follow these steps to plan for June’s budget. If they are, you can consider putting the extra funds into an emergency fund, pay off a credit card, or save for another financial goal. To get started, gather the following: pencil. lined paper. calculator.

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