Posted on November 6, 2007 at 2:31 pm If you have bills that only arrive once every three months, or even annually, divide that cost over the time period between bills, and set aside money every month. When the bill comes, you'll have money to cover it. The state of Virginia used to have an annual property tax on cars. If you owned an expensive car it could be a pretty big bill. Every year I listened to people moan, not that the tax was unfair and really high, but that it suddenly appeared in their mailbox, it was such a shock, and how in the world could they pay it! It was an annual bill, that came in the same month every year, and had been doing so since every one of those people had purchased their very first car. It was generally a few percent smaller than it had been the year before. Where was the surprise? The best way to handle it is to take this year's bill, for example, $1,200, and divide by 12. Then every month, set aside $100 for the tax bill. When it arrives, paying it won't be a problem. If you can't come up with $100 per month, start setting aside $50, or even $10. That will remind you that the bill is coming and maybe you will be able to increase it later. All annual bills should be handled this way. You will be able to pay these bills, and you will be including these extraordinary costs in your monthly budget.

Posted on March 29, 2009 at 7:11 pm Insurance is the only one I can think of.

Posted on April 7, 2009 at 2:26 am This is also what we do to pay annual fees for insurance and annual taxes for my parent's house.

Posted on April 9, 2009 at 9:50 am Moderation is always the smartest avenue. With moderation, you'll never get into debt.  That might not appeal to risk takers who get a thrill from spending. Thanks for your comments. Much appreciated!

Posted on April 9, 2009 at 9:54 am the concept is that if you save even littel regularly, you can even pay bigger amounts.

Posted on April 9, 2009 at 10:01 am We pay insurance monthly but some people pay it every three or six months.

Posted on April 9, 2009 at 10:38 am I also want save money,but I can save any.

Posted on April 9, 2009 at 1:31 pm yes,there is no escape for bills Its quite hard if you have a monthly bills wherein it usually arrives so early of the month.

Posted on April 9, 2009 at 4:52 pm That sounds like something my mom would say and think of.  The only big bill we have to think of is our auto insurance which is split up into 5 installments so we have five months to pay it off.  We usually start saving up for it 3 or 4 months in advanced.  We'd put aside $100 or so each month just for it.  It doesn't really pay off the entire thing but if can help to pay off the first two or three payments.  That way it won't put such a strain on our monthly budget.