How I Track My Sinking Funds Savings

Описание к видео How I Track My Sinking Funds Savings

Today, I am showing you the new method that I am using to track my sinking funds savings goals.

A sinking fund is a strategic way to save a little bit every month to pay for large expenses that are planned. You can use a sinking fund for pretty much any major purchase or bill. Have you ever saved up money to buy something you wanted? Then you’ve created a sinking fund. Basically, you are setting aside money now, because you know you will need it for a specific expense later.

Creating and using sinking funds requires a plan and process. Here's the method that I use to prepare myself for the future.

LINKS REFERRED IN THIS VIDEO

New Sinking Funds Savings Trackers: https://www.thebudgetmom.com/product/...

The Budgeting Method That Changed My Life: https://www.thebudgetmom.com/the-budg...

Join the TBM Family Facebook Community:   / thebudgetmomfamily  

How to Start Using the Cash Envelope Method:
https://www.thebudgetmom.com/how-to-s...

Sinking Funds - What Are They & How to Use Them: https://www.thebudgetmom.com/sinking-...

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ABOUT ME
I'm the blogger behind https://www.thebudgetmom.com. I have a rambunctious 6-year-old son, live in Washington, and I'm passionate about helping people with money management and personal finance. Let me know what you like to learn more about! Leave me comments and suggestions on my video and let me know!

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