An Easy Way to Save for Irregular Expenses
For the Mommas
MAY 22, 2012
In personal finance, a sinking fund is a savings account that is designated specifically for an irregular expense. If you use $10 in coupons on a grocery purchase, add $10 to a sinking fund. Did you find something on Freecycle that you were planning to purchase? Bank Your Savings. Another option is to simply bank your savings.
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