Remove Banking Remove Finds Remove Property Taxes Remove Savings Account
article thumbnail

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! Years ago, April sent me into a panic and a scramble to find the funds. Every month going forward, transfer this money into a separate savings account that is connected to your checking account.

Bills 130
article thumbnail

Create a Personal Escrow Fund | 31 Days to Organize Your Finances

Family Balance Sheet

Does your property tax bill give you anxiety? Our homeowners insurance and property taxes are not tied in with our mortgage so we receive those bills and are responsible for paying them instead of the bank that owns the mortgage. How were we going to find the funds by the due date? That used to be me.

Finance 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Books with Insights that Changed the Way I Think About Money

Prairie Eco-Thrifter

Save money in a bank account (or perhaps a company retirement plan). We have to pay for maintenance and property taxes and the interest on the loan. These costs are are only partially offset by the fact that, in the United States, I get a tax deduction for some of them. Get a good job.

Money 237
article thumbnail

Meet a Reader | Mary from Reflections Around the Campfire

The Frugal Girl

Many people don’t have the mentors I had in my parents, and they find themselves in financial trouble as adults simply due to a lack of knowledge. What’s the “why” behind your money-saving efforts? Now I wish those dollars had gone into our savings accounts. That’s not right. Spreadsheets are my friends.