Sinking funds ideas

Dave Ramsey popularized sinking funds and rightfully so as they are an integral part of keeping your budget on track. Click to read more about sinking fund categories and ideas.

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

Often in life, we're faced with irregular expenses that add up. Sinking fund categories cover these sneaky costs and give you peace of mind.

I was talking to a friend the other day who was in the process of purchasing a new car. She was very excited, but also worried about the impact the monthly payment would have on family’s bottom line. During our text exchange she made a comment about their “sinking fund” that they …

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

FREE Sinking Funds Tracker

A sinking fund is a special savings account you contribute to regularly for a predefined purpose. You can set up different accounts or "buckets" for various savings goals. The intention is to replace the debt burden or plan to replace an asset. What have you used a sinking fund for?

Why saving money with sinking funds is the smartest strategy for having a successful budget and being able to buy anything you want!