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

Family Balance Sheet

Not sure how to budget for your once-a-year bills? They can cause a panic, especially when just one bill is into the four figures, like our property taxes or auto insurance! But let me show you how to budget (and pay) for yearly bills with a strategy I’ve used for years. Action Steps to Budget and Pay for Yearly Bills: 1.

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Create a Personal Escrow Account for Your Quarterly & Yearly Bills

Family Balance Sheet

I have built a monthly system to set aside money specifically for our yearly bills and while I still dread this month, I am no longer paralyzed by it. If you struggle paying quarterly or yearly bills on time, then keep reading! I started our personal escrow account years ago, when we refinanced our mortgage.

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How to Manage Your Personal Loan

Savings Corner

Withdrawing from a checking account is most straightforward because there are no tax implications, as there may be with a brokerage account or withdrawal limits that a high-yield savings account would have.

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Family Office Manager

Family Balance Sheet

There’s a yearly fee and a learning curve, but I love YNAB and it helps me stay on budget and financially organized with our day-to-day checking and savings accounts. Pay our bills in a timely manner. We have been in our home for over 20 years and I’ve refinanced for better rates at least five times, mostly for free.

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