tag:blogger.com,1999:blog-6787157690355329112.post8190446775657973306..comments2024-03-13T08:03:38.906-07:00Comments on Frugal Freedom: Property Tax TimeUnknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6787157690355329112.post-2259744263880291692010-09-15T19:48:17.730-07:002010-09-15T19:48:17.730-07:00Yes, $1,500 is such a large amount I should have a...Yes, $1,500 is such a large amount I should have a separate account for it. I keep my renter's deposit in a separate account so I am not tempted to spend it...ok, sometimes I look at it and think about using it for the mortgage, but I resist!Daizyhttps://www.blogger.com/profile/08075279944974601962noreply@blogger.comtag:blogger.com,1999:blog-6787157690355329112.post-41192570702189180012010-09-15T05:49:36.001-07:002010-09-15T05:49:36.001-07:00I use to have that problem. Now I have 6 ING accou...I use to have that problem. Now I have 6 ING accounts for the irregular expenses on auto pilot. The total biweekly amount is direct deposited from my paycheck into an ING checking account and then ING transfers XX amount into each account. When the bill comes due once a year I transfer the money back into the checking account and write a check or have it done automatically. This has been the best system for me. I can see the amount in each account daily, it is automatic so I do not have the think about it and I am not guessing how much money I should have in my reg. checking account to cover the irregular expenses.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6787157690355329112.post-8030590678636822732010-09-14T21:28:43.824-07:002010-09-14T21:28:43.824-07:00I have some large, irregular expenses like you do,...I have some large, irregular expenses like you do, mainly my health and auto insurance and my estimated income taxes (similar to your irregular expenses).<br /><br />To best plan my cash flow, I have created a spreadsheet which maps out my expenses for the entire year so I know when I need to run a monthly surplus to cover the months when the large bills become due, often in the same month.<br /><br />So, when my checking account seems to be on the high side, I know it is not usually because I am "rich" but because it will soon be spent on one of those big, irregular bills coming up in the next few months (or longer). Sometimes, I actually do have a "real" surplus after taking into account the large upcoming bills. But the spreadsheet determines what is real and what is not so I don't get fooled.Davehttps://www.blogger.com/profile/05503978839912338538noreply@blogger.com