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

Family Balance Sheet

Does your property tax bill give you anxiety? Our homeowners insurance and property taxes are not tied in with our mortgage so we receive those bills and are responsible for paying them instead of the bank that owns the mortgage. When a bill comes due, I transfer from the savings into the checking to pay to bill.

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. We must start saving for retirement again , we need to start college saving accounts, and it would be nice to take the kids to Disney while they’re still princess fans.

Goals 100