Sinking Funds EXPLAINED: What They Are, How They Work & Why You Need Them!
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YouTubeClever Girl Finance
Sinking Funds EXPLAINED: What They Are, How They Work & Why You Need Them!
Let's talk about sinking funds, what they are, how they work and why you need them! Simply put, a sinking fund is money that you save each month towards a one time or irregular predetermined expense. Say, for instance, you own a car and know you’ll need new tires 6 months from now. How will you pay for it? Do you tap into your emergency fund ...
13.5K viewsJan 7, 2020
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