DiscoverFinancial Coaching for Women: How To Budget, Manage Money, Pay Off Debt, Save Money, Paycheck Plans23 | What Is A Sinking Fund And Do You Need One? Or Five? Tips On How To Save Money
23 | What Is A Sinking Fund And Do You Need One? Or Five? Tips On How To Save Money

23 | What Is A Sinking Fund And Do You Need One? Or Five? Tips On How To Save Money

Update: 2022-02-07
Share

Description

⁠Book a free 20 minute financial coaching session with us!


If you’ve ever had months where it seems like every piper has come to be paid, this is the tool for you! Sinking funds will help you to alleviate those months where it seems like the property taxes are due and two birthdays are coming up and for some reason it’s also the month Amazon Prime renews. Gross! Saving money is something everyone wants to do! But how? Bank accounts, cash envelopes, emergency funds, between the mattress? We've got you covered!


In this episode we cover: 


✔️ What a sinking fund is 


✔️ Why you need a sinking fund 


✔️ Examples of FUN sinking funds (saving for vacation) 


✔️ Examples of regular ol’ adulting sinking funds (car maintenance) 


✔️ How to brainstorm, plan and budget your unique savings goals with sinking funds Where to put your money when you’re saving it whether you’re new or disciplined with budgeting.


4 Ways To Connect With Us:


1️⃣ FREE CALL: Book your FREE 20-Minute Financial Coaching Call now! Get personalized advice and start your financial journey ➡︎ https://www.budgetbesties.com/freecall 


2️⃣ FACEBOOK: Become part of our Supportive Facebook Group. Connect, share, and learn with others mastering their budget skills ➡︎ https://www.budgetbesties.com/facebook 


3️⃣ BUDGET: Grab our Signature Budget Template! It's your key to organizing and optimizing your finances effectively ➡︎ https://budgetbesties.com/budget 


4️⃣ COACHING: Ready to dive deep into your finances? Sign up for 1-on-1 or Group Financial Coaching. It’s the accountability and guidance you need to make real progress ➡︎ https://budgetbesties.com/coaching 


"I love Shana & Vanessa and this podcast is amazing!" < If that sounds like you, please consider rating and reviewing our show! It helps us to reach more people – just like you – to help them change their financial future. Don’t forget to follow the show so you don’t miss any episodes! And, if you’re feeling really generous, we’d be SO honored if you would share this podcast with someone. 


Click here to view our privacy policy.


This description may contain affiliate links, meaning we may get a commission at no cost to you if you click & purchase!

Comments 
In Channel
loading
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

23 | What Is A Sinking Fund And Do You Need One? Or Five? Tips On How To Save Money

23 | What Is A Sinking Fund And Do You Need One? Or Five? Tips On How To Save Money

Vanessa and Shana | Budget Besties | Bougie On A Budget | Dave Ramsey Fans