Have you ever been hit with an unexpected expense that threw you off budget for the entire month? If so, then it’s time to set up sinking funds in your budget! Sinking funds can ultimately help save your sanity.

In this episode, I’m breaking down what sinking funds are, 3 types of sinking funds, how to add them to your budget, where to keep them, and why you will love them!

Want to learn more about sinking funds? Check out this guide here.

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Follow Allison on Instagram: @inspiredbudget 

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FREE Budgeting Basics Email Course