Remove Building Remove Debt Remove Property Taxes Remove Savings Account
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? Every month, we transfer this money into a savings account that is connected to our checking account.

Finance 100
article thumbnail

A Goal Without a Plan is Just a Wish

Family Balance Sheet

However a few years ago, we found ourselves with too much debt and not enough cash. When a building in our town went into foreclosure in 2012, we considered the opportunity to own. We crunched the numbers, spoke with our accountant, and after much deliberation and negotiation, we bought the building that summer.

Goals 100
article thumbnail

Meet a Reader | Mary from Reflections Around the Campfire

The Frugal Girl

We lived off my salary and banked Alan’s even before we were married so that we could build our own house (literally), paying cash as we went. Now I wish those dollars had gone into our savings accounts. He says we were busy building the house and our careers and it was money well spent because it freed up our time. (We