Sinking fund

Organizing your savings is an important part of managing your personal finances. It really comes down to your emergency fund and sinking fund. Emergency funds are for emergencies only; they're there to save your butt when bad things happen. Sinking funds are for planned expenses, usually fun things like vacations, but can also be for necessities like certain bills. I have a sinking fund for my phone bill. Both emergency and sinking funds are essential elements to personal finance.

Learn about the sinking fund categories that you should include in your budget and how to organize them to be prepared for future expenses.

Have you started to save for a sinking fund? It can help you budget through the year and make managing your money far easier (I promise!)

In this post, you will learn the best sinking fund categories guide to help you set up your sinking funds for home. These examples are perfect for beginners and the ideas and list will help you get to your goals. Learn how to set up sinking funds at myworthypenny.com

How to keep track of your sinking funds! Use the free sinking funds printable tracker. A free downloadable PDF.

Creating sinking funds categories is just another way to complicate money management for personal finances. Instead, create security and flexibility with my simpler three-layered savings method. Try these savings tips for simpler, more effective money saving!

FREE Sinking Funds Tracker budgetprintables #officeplanner #travelbudgetplanner #muslimahplanner