Months ahead on paying business and personal bills.

I have an owner op friend who is always crying poverty .
Buutttt...he seldom runs weekends and gotta be in the driveway by Thurs or Friday and done till Monday.
Always has money for some new toy like Harley's and fancy pick ups.
And can always afford long vacations.
I don't know how he does it .

 

Take your monthly amount times 12, send them that and watch the bill each month, when they say you owe, pay it.

I only have one bill I can't pay ahead, and that's for our home dairy delivery, if I pay more than owed, they give it to the driver as a tip. Learned that the hard way.

 

Wasn't aware "home dairy" deliveries were still available. Cool.

 

I personally have two savings accounts. The way I have it set up, my checking account balance is never higher than 750$. My first savings account stays at 2,295. The other catches everything else. I pay my bills out of the first savings account. Live on the road with the checking.

The second savings account I use to increase my rental properties, or to maintain the current ones. My current monthly income after taxes, paying my property manager, and the cost of living is 6,200$ give or take a few hundred. This all goes to the third account. I want to retire at 45, my 401k is doing well as are my rental properties!