Family Balance Sheet
MAY 24, 2011
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For the Mommas
MAY 22, 2012
The term “sinking fund” was originally a business term used to designate a savings account where a corporation holds funds for the repayment of a debt in order to improve their liquidity. If your budget is tight, you can still use the sinking fund principle by adding just a couple dollars to each account from each paycheck.
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