Episode 103 - Sinking Fund Strategy

What do you do when you have a large expense in a month? For most people this might have to go on a credit card - but today we chat about sinking funds and how setting them up can help absorb large expenses. While emergency funds help to cover unplanned expenses, sinking funds are a great idea for semi-annual tax bills, annual insurance payments, and things that you might not know the exact dollar amount of but can save for anyway like car repair. Tune in to hear how we’ve used sinking funds and how they might benefit you.

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Episode 103 - Sinking Fund Strategy

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How long is this episode of Money In The Bank?

This episode is 28 minutes long.

When was this Money In The Bank episode published?

This episode was published on July 9, 2019.

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