Family Balance Sheet

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Why We Left Traditional Health Insurance

Family Balance Sheet

Health insurance is a touchy subject. Instead I’m writing about my family’s experience with traditional health insurance and how it has affected OUR finances. Let’s start at the beginning: Health insurance wasn’t always so stressful for me and my husband and to begin our story I need to go back a few years.

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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! 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, there have been years where we also owed the Federal government.

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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. We were no longer required to send an escrow payment to the bank for our real estate taxes and home owners insurance.

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Christmas Savings Club | November 2019

Family Balance Sheet

In May, I made money from a yard sale and put $50 towards our Christmas savings. I also earned $20 from Ibotta and $7 from Ebates, and found $23 within our May budget. In October , I found the money from an insurance refund and from the sale of our pop-up camper. It was a pretty easy month to find the cash.

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Christmas Savings Club | October 2019

Family Balance Sheet

In May, I made money from a yard sale and put $50 towards our Christmas savings. I also earned $20 from Ibotta and $7 from Ebates, and found $23 within our May budget. I happily gave it to him, we transferred the title, and I immediately called my insurance agent to take the Civic off our policy.

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How We Frugal-ed in June 2023

Family Balance Sheet

This update includes how we frugal-ed in April, May, and June. You may have heard that interest rates on some savings accounts have gone up, so I pulled my head out of the sand and transferred the cash portion of our college savings to two separate savings vehicles: a 15-month CD and a high-yield savings account.

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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. Necessary expenses could be: – Home: Mortgage/rent, utilities, insurance, taxes, necessary repairs. – Transportation: loan payments, fuel, insurance, service/repairs, necessary parking/tolls. lined paper. calculator.

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