• Sinking Fund

  • Apr 19 2021
  • Length: 14 mins
  • Podcast

Sinking Fund

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  • Summary

  • A sinking fund is a saving account that you contribute monthly for future purchases and expenses. What’s the difference between this and a regular savings account or an emergency fund? This is what we will look at in this episode since they are very different! We will also look at sinking funds more close, steps to set up your sinking fund properly, and some tips. If you have any questions about this episode, previous episodes, or budgeting in general, send your question to budgetingbits@pocketbudgeter.com. If you want to download the Pocket Budgeter mobile app, you can find it in the Apple Store here: https://apps.apple.com/us/app/id1528795325 (https://apps.apple.com/us/app/id1528795325) Or the Google Play Store here: https://play.google.com/store/apps/details?id=com.pocketbudgeter.pocketbudgeter (https://play.google.com/store/apps/details?id=com.pocketbudgeter.pocketbudgeter) You can also visit the Pocket Budgeter website for more information and tools: https://www.pocketbudgeter.com/ (https://www.pocketbudgeter.com/)
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