And we love it.
It’s great to have at our fingertips-we always know what the annual property taxes will be, so it’s never a horrible surprise when it’s due.
It also helped us find those yearly hidden ones you may miss:
Amazon Prime Membership $99
Costco Exec Membership. $110
AARP Membership. $12
Blog domain fee. $29
AAA Membership. $150
Zander ID theft ins. $144
It all adds up and might catch you off guard.
Here’s what we do:
Have a second savings account (separate from your emergency fund) at a different bank-Ally, for example.
Set up an automatic transfer each month for annual expenses:
In this case,$45.33/month
Then, reimburse yourself from savings before or after you pay that annual bill.