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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. At my age, my parents had 20 years of kid-free living ahead of them to focus on their own career goals and to save for their retirement. Our business is again thriving.

Goals 100
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Create a Personal Escrow Fund | 31 Days to Organize Your Finances

Family Balance Sheet

By the end of the month, my goal is to help you have a detailed financial plan for your family. 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.

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

The Frugal Girl

A lot of blood, sweat, and tears were shed here, but we both agree that having no mortgage gave us a serious leg up on our retirement savings and other financial goals. Now I wish those dollars had gone into our savings accounts. Alan and I, by choice, bought land in an area with low property taxes.