Sinking Fund Budget | How to Add Sinking Funds to Your Budget

Ready for the next step of creating your sinking fund budget. In this video, I show you how to add Sinking Funds into your monthly budget so that they fit seamlessly into your budgeting system. This will work no matter what type of budget you use.

If you have no idea what sinking funds are, then here’s a Sinking Funds for Beginners video. You’ll learn what they are, why you need them, how much money to put in them, and where you should keep them.

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[nanasnaturalspmwl]

Best explanation I have come across…thanks

[cheriseking]

I came across this at the right moment...thank you

[ladytlw]

Awesome video! Your videos are very simple, concise and to the point.

[renaesutton]

I am just wondering why does everyone call these funds "sinking" funds? That to me is such a negative term - I am going to start these funds with the New Year and I am calling mine "growing funds"! I have to do everything with a positive mindset and just do me LOL. Thanks SO MUCH for all of your inspiration! Have been following you for a while along with some other and am creating my own way of budgeting from all the inspiration I get from all of your channels.

[darlenehaffaney]

Hi my name is Darlene and I love your videos. I've been doing similar methods. You did add to my methods. Going to the next one. Saw 2 so far.
Thank you for all your do. Travel safe

[DzMamas]

Girl thank you so much! This is a great follow up video to the zero based budget spreadsheet! I was like how am I supposed to track my sinking fund? Lol. I'm assuming for you debt snow ball you could add it into your budget the same way as well? I'll definitely be signing up for emails and subscribing to your channel. I'm on Dave Ramsey's baby step 2 =) I can't wait to be debt free.

[DJ-hskv]

I just been watching some of your videos about high Apy saving accounts and your recent vid about sinking funds. Sis thank you for all the videos! It’s been very helpful. Also do you have any thoughts about covid fee waiver for the 401k? What are your thoughts about taken advantage of this?