Financial Hacks Banks Don’t Share: Sinking Fund Examples

Ever wonder how to save for big expenses without stress? Sinking funds are the secret to financial planning made easy. Learn how they work and how to use them to reach your money goals faster. Watch now and take control of your budget!

00:00 Intro
0:46 What is a Sinking Fund?
1:08 How Do Sinking Funds Work?
1:12 Identify Your Expenses
1:22 Calculate Your Savings
1:33 Choose Where to Save
1:52 Home Maintenance and Repairs
2:18 Car Expenses and Car Repairs
3:40 Vacation Fund
4:15 Birthdays and Celebrations
4:50 Entertainment or Hobbies
5:24 Books and Continuing Education
6:01 Seasonal Expenses
6:24 New Gadgets or Electronics
6:49 Medical Expenses
7:38 Why Use Sinking Funds?
7:54 Sinking Fund Can Help Achieve Financial Goals
8:36 Maintain Your Emergency Fund
8:57 Sinking Fund Examples: Mistakes to Avoid
9:14 Forgetting to Adjust Your Budget
9:42 What is considered a sinking fund?
10:14 How much money should I have in a sinking fund?

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