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

Family Balance Sheet

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. Today, I built a monthly system to set aside money specifically for our yearly bills and while I still dread April, I am no longer paralyzed by it.

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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 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 most likely will not have enough money in your fund yet. If you struggle paying quarterly or yearly bills on time, then keep reading!

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