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An Easy Way to Save for Irregular Expenses

For the Mommas

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. In personal finance, a sinking fund is a savings account that is designated specifically for an irregular expense. Bank Your Savings.

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Back to Basics: Saving Your Savings

For the Mommas

I see it on frugal blogs all the time. “I and saved over $30!”. Sometimes I wish for a way to really “save” those savings. and putting $30 in the bank may be impossible for you, but here are some steps to start “Saving Your Savings”. This is always the first step to building savings.