Sinking funds

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1y
Baby Step 1: Emergency Fund
If you have never had (or can’t remember the last time that you had) $1000 in an emergency fund, start with that as your goal. There is ZERO shame with starting with a small goal and increasing it as you gain self confidence. When I was paying off debt (single edition), I had $500 in my emergency fund. I was also a renter, single, no kids.
Christmas Sinking Fund vs Cash Flow
When I was a bartender, I NEVER had sinking funds. I could easily cash flow my Christmas fund in a couple nights behind the bar. But I used to get so frustrated watching the #DFC show their sinking funds throughout the year. I felt like I was “failing to be prepared.”I wanted debt freedom more than I wanted to save for Christmas throughout the year. Use this as a little reminder today that there is no ONE right way for finances. (And that it might change over time).
The Essential List of Sinking Funds Everyone Needs to Add to Their Budget
Have you ever used sinking funds in your budget before? Try these 9 essential sinking funds categories when planning your next budget! This list of sinking funds will help you save money for that next car purchase or vacation, plus they help you stick to your budget and practice good money management. Read the entire sinking funds list at meganmakessense.com!
Why You Need To Be Using Sinking Funds
Do you know how powerful sinking funds can actually be? When it comes to saving money sinking funds are exactly what you need to make sure you succeed with your saving goals. Start implementing sinking funds into your savings and you will see just how much they will help. Find out how here. #sinkingfunds #savingmoney #Moneytips #moneysavingtips
Using Your Sinking Funds (The Basics of Sinking Funds)
Using Your Sinking Funds (The Basics of Sinking Funds)
adebtfreejourney.com
A sinking fund is a great way to save money for anything you really want without getting in the way of your other financial responsibilities. Sinking funds help to keep you out of debt and manage your money better. #sinkingfund #whatisasinkingfund #stayou