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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. property & school taxes – due yearly.

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

Family Balance Sheet

We’ll talk about cash flow, budgets, debts, and all of the nitty gritty of our finances that might not be fun to talk about, but are so important to discuss. Does your property tax bill give you anxiety? Every month, we transfer this money into a savings account that is connected to our checking account.

Finance 100
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A Goal Without a Plan is Just a Wish

Family Balance Sheet

On top of our normal day to day expenses, the new property taxes were due, we had more ownership expenses than we realized, and we had a family to feed. Selling the property and going back to renting wasn’t the way I wanted to handle the situation, so I sat down and created a step-by-step plan.

Goals 100
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Meet a Reader | Mary from Reflections Around the Campfire

The Frugal Girl

Now I wish those dollars had gone into our savings accounts. I track expenses, monitor our budget and handle all of our investments. Alan and I, by choice, bought land in an area with low property taxes. Alan doesn’t share that regret. We didn’t start a family until we were married for almost 15 years.)