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How to Budget (and Pay) for Yearly Bills + a FREE Speadsheet

Family Balance Sheet

Our home owner’s insurance, auto insurance, and local real-estate taxes (for our home and our business property) are due, and on top of that, there have been years where we also owed the Federal government. Every month going forward, transfer this money into a separate savings account that is connected to your checking account.

Bills 130
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How to Create a Family Balance Sheet + Get a FREE one for your family!

Family Balance Sheet

You’ll know how much is in your checking and savings accounts and your retirement accounts. This section is broken into Short Term (Cash) Accounts, Long Term Accounts, and tangible assets/property values. If it’s updated regularly, you will always know how much you OWE and how much you OWN.

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Yes Virginia, There is a Money Tree

Prairie Eco-Thrifter

Put the savings you made at the grocery with coupons into the savings account. My spouse was exceptionally persistent in putting every $20 birthday check into our savings account, year after year after year. Care for your investments and savings. A tended tree will do better than an ignored one.

Virginia 160
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Create a Personal Escrow Account for Your Quarterly & Yearly Bills

Family Balance Sheet

Our home-owner’s insurance, auto insurance, and local real-estate taxes (for our home and our business property) are due, and on top of that, we also owed the Federal government this year. I started our personal escrow account years ago, when we refinanced our mortgage. April is always a very expensive month for us.

Bills 100
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10 Must-Know Personal Finance Tips for Moms’ Financial Success

Penny Pinchin' Mom

They already have savings accounts that they don’t know about. I send in $50 every month to each of their accounts. Things like your savings account, your retirement fund, your house, investments accounts, real estate…these are all assets.

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Five Home Renovation Savings Tips

Prairie Eco-Thrifter

Possible sources include: Neighbors or real estate investors who tore out perfectly good materials and want to get rid of them. Garage or estate sales. Check with your barber, beautician, lawyer, accountant and most especially with any real estate agents you know. The How-To of Savings. Thrift shops.

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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

Because we only have a week to show results, and because savings account interest rates have been near zero each year since camps started, I have routinely given the jar 50% interest. Trepidation about having the grand-kids open a savings account. Both are now old enough to open a bank savings account.

Money 124