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

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, there have been years where we also owed the Federal government. Years ago, April sent me into a panic and a scramble to find the funds. Set aside that new number every month.

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10 Must-Know Personal Finance Tips for Moms’ Financial Success

Penny Pinchin' Mom

However, if you have been following me, you know that I am quite serious about finding ways to not only get out of debt but also how to create a budget (and stick to it) as well as how to save money without necessarily depriving your family of the quality of life they deserve. I send in $50 every month to each of their accounts.

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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. I started our personal escrow account years ago, when we refinanced our mortgage. April is always a very expensive month for us.

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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

Because we only have a week to show results, and because savings account interest rates have been near zero each year since camps started, I have routinely given the jar 50% interest. Trepidation about having the grand-kids open a savings account. Both are now old enough to open a bank savings account.

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Yes Virginia, There is a Money Tree

Prairie Eco-Thrifter

Put your roots into healthy soil and suck up the best nutrients you can find. One way to do this in a two income family is to live off of one income and bank the other. Figure out what you need to live and put the rest in a secure account. Put the holiday gift of cash into your account. We did that. Tax yourself.

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7 Best Investments in 2024

Savings Corner

In the video below, learn more about how investing harnesses the power of compound interest, and differs from saving. High-yield savings accounts Online savings accounts and cash management accounts provide higher rates of return than you’ll get in a traditional bank savings or checking account.

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Carnival of Financial Planning – Money Management Edition #231

Prairie Eco-Thrifter

Find out the purpose of budgeting and whether it’s important for you. The key is to finding out what they are, then determining which are marketable! Find out the benefits and whether it is right for you. Real Estate. The Skilled Investor , Editor. Budgeting and Economics. We all have skills.

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