We moved into this house in June of 2014. Since September of 2014 I have been asking our local Township when will we be getting a property tax bill.
What is property tax?
Property tax is a levy based on the assessed value of property.
If you own a property you have to pay it. In other countries it is called different things. To cut a long and boring/annoying story short, we finally got the bill (s) this week, and so they now have to be paid, by January 29th. The bills are only up to the end of 2015, not sure what is happening yet for 2016, when I go into the Township office this morning I will no doubt find out what's going on. There is a lot more to this story about why it has taken so long to get the bill and why it has to be paid by the end of the month, but various government departments at Federal, Provincial and local levels will all come out looking bad if I go into detail. Suffice to say, there are a number of people who are incompetent and should not be in the jobs that they are in! But trying to get anyone to take ownership of their mistakes is like trying to get blood out of stone.
Our bill is well over $5,000 which is actually less than I thought, as we were not assessed as high as I thought we would have been. It's still a lot of money, but I was prepared for this. The day we moved in I put away money each week specifically for the property taxes, as I knew sooner or later we would get a bill. Mind you even I didn't imagine it would take this long. Some people had been in their homes 2 + years without a bill, so their tax bill would have been a lot higher. I only hope everyone had enough common sense to put money away like I did?
However not everyone does that do they; think ahead? I am one of the strange people out there that do not like owing money. It has been really bothering me that the taxes were due, but it was out of my control as I had no bill.
I have mentioned this time and time again on my blog, but as part of planning ahead I put money away each week for various things in my "boxes."
I put $20 in my birthday box.
I put $20 in my Christmas box.
I put $50 in my other box. My other box has been covering wedding's recently, and yes we have another coming up in March.
These boxes are a life saver to me, as Christmas is taken care of more or less with that box. I always have money in the birthday box, for birthdays, and when you are forking out $300 + for a money envelope for every wedding that too is a life saver.
If that amount of money is too much for you to save each week, how about coming up with even $2 or $5 a week in a box to cover Christmas. Even then you will have over $100 saved by the end of the year, which will cover all the cost's of extra food and drink at Christmas?
I am going to talk more about Christmas over the next few days as it's never too early to start!