Paying for large expenses isn’t easy, but having a sinking fund can help ensure you are budgeting for them the right way.
If you need to save for a significant expense in your life, whether it’s for a down payment on a house, a wedding, or just a new pair of shoes, below, we’ll walk through how sinking funds can help you accomplish your savings goals.
[Read more…] about What is a Sinking Fund and Why You Should Have One