FMOOD 0038: The Sinking Fund - a podcast by Tom Merlino | Tom is inviting you to follow him on his journey to get out of debt and get into prosperity.
from 2017-01-23T07:00
Today I'm going to be talking about the sinking fund. I'll talk about what it is and how we can use it to better our budgeting processes. If a sinking fund sounds a little intimidating, you'll want to tune in to this episode to learn more. A sinking fund can help you with saving for Christmas, paying for your auto insurance, paying for taxes, and any other expected large amount that you'll need to pay in any given year. The sinking fund can even help you to better plan for your vacation without using a credit card! Paying cash for a vacation makes it a true vacation since you're not preoccupied the entire time with how you'll need to pay off the vacation when you get back.
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