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

Family Balance Sheet

But let me show you how to budget (and pay) for yearly bills with a strategy I’ve used for years. Our Story: April is always a very expensive month for us. Every month going forward, transfer this money into a separate savings account that is connected to your checking account.

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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. There was a time our spreadsheet reflected a lot of debt and not a lot of savings. I STILL use our spreadsheet today. You could also use a recent appraisal. Column J = Interest rate or the finance charge.

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Yes Virginia, There is a Money Tree

Prairie Eco-Thrifter

The proverbial saying ‘money doesn’t grow on trees’ is used by many a parent in denying some wished for item to their children. The trees are your investment accounts. Put the savings you made at the grocery with coupons into the savings account. Care for your investments and savings.

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Create a Personal Escrow Account for Your Quarterly & Yearly Bills

Family Balance Sheet

April is always a very expensive month for us. 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.

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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. Find yours and use it to make extra cash.

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Five Home Renovation Savings Tips

Prairie Eco-Thrifter

When I redid ours, I used that spray meant to re enamel tubs to re-finish the vanity tops. 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. Talk to people you know to find who they may have used for their work.

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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.

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