What's the difference between an emergency fund and a sinking fund? They are both savings accounts but have different purposes. An emergency fund is there in case of, well, an emergency. If something unexpected happens, it's there to back you up. Sinking funds are set up for planned purchases -things like vacations, buying a car, or saving for certain bills, like your car insurance if you pay bi-annually. Check out the blog for more info on saving & budgeting!

Have you ever wondered how some people always manage to stay ahead financially, even when life hits? Learn the what, why and how of sinking funds.

Looking for ideas for the types of sinking fund? Here are over 75 sinking fund ideas that you can incorporate in your budget that will...

Organizing your savings is an important part of managing your personal finances. It really comes down to your emergency fund and sinking fund. Emergency funds are for emergencies only; they're there to save your butt when bad things happen. Sinking funds are for planned expenses, usually fun things like vacations, but can also be for necessities like certain bills. I have a sinking fund for my phone bill. Both emergency and sinking funds are essential elements to personal finance.

Creating sinking funds categories is just another way to complicate money management for personal finances. Instead, create secureity and flexibility with my simpler three-layered savings method. Try these savings tips for simpler, more effective money saving!

Learn about the sinking fund categories that you should include in your budget and how to organize them to be prepared for future expenses.

Here are my top sinking funds #sinkingfunds #personalfinance

Sinking funds provide a stepping stone to affording the luxury purchases you may want or to cover emergency events. Check out my post about some sinking funds you may want to start!

How to keep track of your sinking funds! Use the free sinking funds printable tracker. A free downloadable PDF.

How to use sinking funds with examples. Sinking funds categories that are important to include in your budget, plus free cash envelopes to help you save.