Podcasts Business Investing Optimal Finance Daily 2535: What are Sinking Funds and are They Smart to Have? by Vicki Cook and Amy Blacklock of Women Who Money

2535: What are Sinking Funds and are They Smart to Have? by Vicki Cook and Amy Blacklock of Women Who Money

Published: Nov. 30, 2023, 8 a.m.

b'Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.\\nEpisode 2535:\\nVicki Cook and Amy Blacklock\'s insightful guide on sinking funds clarifies how they can stabilize your financial planning. By saving in small amounts for specific purposes, sinking funds help you handle anticipated expenses without disrupting your monthly budget or resorting to debt, enhancing both your financial health and peace of mind.\\nRead along with the original article(s) here: https://womenwhomoney.com/what-are-sinking-funds-are-they-smart-to-have/\\nQuotes to ponder:\\n"Sinking funds help prevent you from busting your monthly budget. Or taking on more debt for expected \\u2013 but not regular monthly expenses."\\n"A sinking fund is used for short-term savings goals for expenses you expect to have but are not a part of your regular monthly spending."\\n"Shifting from reactive spender to proactive saver will improve your financial house and lessen your financial stress."\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'