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Sinking Funds Explained - How to set up sinking funds in your budget and save more money every month
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Sinking funds explained! This video explains what sinking funds are and how to create sinking funds for your budget. I also share how I track my sinking funds in my budget and with a sinking funds tracking spreadsheet.
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Use the jump links below to skip to the section you want to watch.
Sinking funds are an incredible way to save money for big financial goals. This video is a simple guide to help you learn how to save money with sinking funds, set up your sinking fund categories, and how to set up sinking funds for your budget. If you want to save more money in 2020, set up a sinking fund for every savings goal you have and make a budget that helps you save more money every month.
Jump Links:
0:00 Intro
1:10 What are Sinking Funds
4:45 How to Set Up Sinking Funds
6:55 How to Include Sinking Funds in Your Budget
9:00 How We Use Sinking Funds in Our Budget
10:00 How to Track Sinking Funds
12:15 Tutorial of Our Sinking Fund Tracker
Related Videos
Help Getting Out of Debt
Debt Snowball Spreadsheet (free download) -
Budgeting Tips and Resources
Read more on how to budget, save money and get debt free:
Let’s Connect
#sinkingfunds #sinkingfundsexplained #sinkingfundtracker
Mentioned in Video:
Use the jump links below to skip to the section you want to watch.
Sinking funds are an incredible way to save money for big financial goals. This video is a simple guide to help you learn how to save money with sinking funds, set up your sinking fund categories, and how to set up sinking funds for your budget. If you want to save more money in 2020, set up a sinking fund for every savings goal you have and make a budget that helps you save more money every month.
Jump Links:
0:00 Intro
1:10 What are Sinking Funds
4:45 How to Set Up Sinking Funds
6:55 How to Include Sinking Funds in Your Budget
9:00 How We Use Sinking Funds in Our Budget
10:00 How to Track Sinking Funds
12:15 Tutorial of Our Sinking Fund Tracker
Related Videos
Help Getting Out of Debt
Debt Snowball Spreadsheet (free download) -
Budgeting Tips and Resources
Read more on how to budget, save money and get debt free:
Let’s Connect
#sinkingfunds #sinkingfundsexplained #sinkingfundtracker
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