@mckenzie.mack: Sinking Funds are savings for future expenses. Instead of paying all at once, you save for it over time so the money is ready to go as soon as you need to spend it! Sinking funds are one of my favorite financial tools because I always feel prepared and confident throughout the year, and it gives me permission to spend. Most sinking funds are MEANT to be spent by the end of the year. I add and remove sinking funds as my life and spending changes. What are your favorite sinking funds? Are you planning to add anything new this year?

Mckenzie Mack

Open In TikTok:

Region: US

Tuesday 20 January 2026 13:45:41 GMT