article thumbnail

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.

Bills 130
article thumbnail

How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

How I’m managing our family budget during the Pandemic: We pay ourselves at the beginning of each month, so when this crisis started in mid-March, we were covered for the month. Budget items we are temporarily stopping for now: EVERYTHING ELSE! Also, about the time everything shut down, my coffee machine decided to as well.

Budget 246
Insiders

Sign Up for our Newsletter

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

article thumbnail

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? I don’t handle life well when I feel like I’m living on the edge of a cliff, so we made a change.

Finance 100
article thumbnail

Closing Costs Calculator – NerdWallet

Savings Corner

The next section shows a breakdown of typical closing costs, including fees for the home appraisal, title insurance and loan origination, as well as property taxes and home insurance premiums. Tax monitoring and research fees pay for verifying the amount and payment of property taxes. Breakdown of costs.

article thumbnail

How to Save on Rental Cars

Prairie Eco-Thrifter

The sales tax, plus the ongoing higher property tax and insurance are really turning him off – and the van does fine if we drive it locally or just for a few hours to the lake. I want this vacation to go well and that rental car will be our daytime home for 12 days. Reserve well ahead of your need.

article thumbnail

How Much House Can I Afford? Affordability Calculator

Savings Corner

An important metric that your mortgage lender uses to calculate the amount of money you can borrow is the DTI ratio — comparing your total monthly debts (for example, your mortgage payments, including insurance and property tax payments) to your monthly pre-tax income.

article thumbnail

How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

For many households, their finances and budgets are in limbo. Our small business was going well, so we said so long to renting office space and purchased a commercial property in the summer of 2012. We have revised our budget and we will get through this storm. How I’m Managing our Family Budget During the Pandemic.

Debt 130