39. How to Create a Sinking Fund for Holidays, Birthdays, and Vacations

Ever feel blindsided by holiday shopping, birthday parties, or vacation expenses? You’re not alone, and it doesn’t have to be that way. In this episode of Her Money Mindset, I’m breaking down exactly how to set up sinking funds so you can plan ahead, avoid debt, and actually enjoy those big moments guilt-free. You’ll learn: What a sinking fund is (and why it’s a total game-changer) How to calculate exactly how much to save The step-by-step process to start your own sinking fund today Common mistakes to avoid so you don’t get stuck starting and stopping By the end, you’ll feel confident and prepared to cover holidays, birthdays, and vacations — without the stress. ✨ Resources + Next Steps: Grab the Budgeting Basics Bundle for my ready-to-use templates that make setting up sinking funds simple (use code HMMPODCAST) Book a 1:1 Strategy Call with me to create a personalized money plan (use code HMMPODCAST) Apply for Private Coaching and schedule your free consultation call Open a SoFi High-Yield Savings Account to separate your sinking funds and earn a bonus If this episode encouraged you, please take a minute to leave a rating and review. It helps more women discover the show and start their own money breakthroughs!