@yourwealthwithchels: I might sound dramatic but, sinking funds really are that game changer 👏🏼 Imagine taking away the money stress of wondering how to fund your upcoming holiday or Christmas, because you added money into a sinking fund every month and got it completely covered 🤩 I have all of my sinking funds in savings pots with Monzo. They let you create up to 20 different savings pots! If you want to join Monzo the link is in my bio where we both get a bonus when you sign up - up to £50! (referral link). #fyp #Budgeting #PersonalFinance #financetiktok #sinkingfunds
That’s great for 1 person. Most people in a family can’t afford to double or triple that. 🙂
2025-08-29 11:24:43
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Sarah | Normal Consumption :
Love this! It is crazy seeing how quickly sinking funds can add up so I’ve really needed to prioritise and tell myself yes girl you can’t have everything 😅🤣
2025-08-29 21:49:16
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Cara :
I do this, plus a gifts one as we’ve always got so many birthdays so just makes life easier. I think at the start it seems a lot but you get used to it
2025-08-29 20:08:57
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Life with Mel :
As someone with a car constantly needing work I need about £300 a month just for that 🤣
2026-05-05 21:28:52
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fionamoneydiary :
So powerful when you see it like that! ❤️
2025-09-03 17:54:58
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martina.budget :
Need to keep up with mine, it really makes a difference🫶🏼
2025-09-01 16:02:57
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Mafalda Santos :
😂😂😂
2026-03-01 01:24:40
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Beth🧚🏼 :
I’ve been doing this, it’s taken the stress away 100%🙌🏼
2025-08-30 12:33:03
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