@mckenzie.mack: how you can use sinking funds to level out your monthly budget and reduce the stress of non-monthly expenses popping up throughout the year 💸 #PersonalFinance #sinkingfunds #sinkingfund #personalfinancetips #budget #Budgeting #budgetingtips
sinking funds revolutionarized my life. i no longer stress about my insurance payment that's due in 6 months or my annual fees.
2024-04-24 19:26:14
1982
Gabby Jade :
I am completely debt free and bought my car from sinking funds!
2024-07-08 05:39:37
8
RationalDis :
Are you keeping this in multiple accounts? I just keep everything in the same HYSA and keep a spreadsheet of what that money is allotted to
2024-04-25 03:43:58
558
Stacey :
Life is so expensive
2024-04-30 04:51:18
746
Lola_b :
This is next level adulting. Teach me.
2024-05-14 20:08:29
797
Alena Britt :
SoFi is a HYSA that makes this super super easy!! You can put everything in different “vaults”
2024-05-21 23:43:40
217
Maddie LoScalzo :
Do you suggest saving for an emergency fund first before starting your sinking funds? Also if we have cc debt should we prioritize paying off that first?
2024-04-24 17:50:11
25
Liv :
Just bought a new iPhone from my tech sinking fund 🎉
2024-04-27 01:01:41
265
Jac Carlson :
This would be amazing if I actually had anything left over at the end of the month after bills
2024-05-21 22:22:24
139
brokenbaker :
I just revamped my budgeting to a bills and spending checking account, and an emergency savings and sinking funds.its so much easier to stay on budget now!
2024-07-19 15:48:18
5
nicole_armand :
Do you keep your sinking funds in a separate bank account?
2024-05-17 12:30:42
3
beccaliz93 :
do you have a separate account for sinking funds? or put it all in 1 account and just use the spreadsheet to separate what money is for what sinking fund?
2024-05-30 15:13:16
7
Amber Rose :
Girl I love your content. Keep it up ✨
2024-04-24 17:54:49
12
lucky and all :
Could you share a break down of how much your sinking funds are please?
2024-04-25 18:59:26
25
tbildz1 :
This is some serious details you’re keeping track of. I’m sure it’s really helpful if you’re able to stick with it.
2024-06-05 14:16:04
11
Anna :
If you have kids, do it for kids activities! That’s saved me
2024-04-24 18:18:58
121
natalie wagner 🌻 :
Okay but how do you do this when you are trying to pay debt off? I feel like I’m trying to breathe underwater
2024-06-09 04:59:16
11
KENNEDY CLARE ⋆˙⟡ :
I wish I could do this but I feel like I need to pay off my debt first lol
2024-05-20 23:32:21
5
_meowcow :
Just realized I did this with my XMas bonus last year. I knew I’d have prop tax, knew I’d want camping gear, etc. now when the time comes I don’t have to feel so bad
2024-05-19 17:32:06
7
butchlibrarian :
Does anyone know why they're called sinking funds? I've never been able to find an answer to that and I don't get it bc to me they are rising funds lo
2024-04-25 18:25:35
5
jerbear92 :
Don’t most people do this? It’s kinda common sense
2024-07-13 22:04:07
7
Zach :
I need a spreadsheet tutorial to get my life in order like this
2024-06-18 00:58:29
2
Megumi Kivuva :
Do you keep the money in a separate account for each fund?
2024-05-25 02:39:26
2
bridge :
do you use checking or savings for this
2024-07-03 18:07:29
2
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