How to Save for Anything With Sinking Funds
Stop being surprised by predictable expenses.
For anyone whose budget keeps getting knocked off course by bills and costs they could have seen coming, such as car repairs, holidays or annual subscriptions. It shows how to calculate, automate and track a set of sinking funds.
What's inside:
- What a Sinking Fund Is
- Calculating How Much You Need
- Setting Up Your Funds
- Common Sinking Funds to Start With
- Automating the Habit
- Mistakes to Avoid
- Sinking Funds Planner: a printable planner to fill in
- Frequently Asked Questions
- Put This Into Practice This Week: an action checklist
Format: Instant PDF download, 8 pages
This guide is for general education only and is not financial advice. Speak to a qualified financial adviser about your own situation.
If you're in the UK and struggling with debt, free, confidential help is available from StepChange and MoneyHelper.
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