Budget tips

It's pretty easy to plan for regular monthly expenses like the electric bill, or groceries.  Those expenses are paid frequently enough that they can be easily remembered.  However, there are some expenses that only occur once every six months, or once a year.  Some of these expenses include property tax, car insurance, and homeowner's insurance.  These tend to catch people off guard.

With NeoBudget, you can easily plan for these expenses without needing to remember about it every time you get paid.  When creating a paycheck plan in NeoBudget, just stick $40 per paycheck into an envelope labeled "Taxes".  If you get paid every two weeks, in a year you'll have $1040 saved.  Depending on your property taxes, you may need to increase or decrease the amount you save every paycheck.  In this way, you will be saving for this expense all year long, and it won't catch you off guard.  It keeps you from scrambling at the last minute.