Episode No. 010

How To Save Money Using Sinking Funds

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Table of Contents

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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Meet Allison

Allison Baggerly is a blogger, author, influencer, speaker, podcaster, and founder of Inspired Budget, which is proudly a Latinx and women-owned business. A former teacher, Allison blends her talents for teaching with her passion for personal finances to help others learn how to start budgeting and build a life they love.


DIY Resources to ramp up your budget

Yearly Budget Sheets (Modern Version)

Debt Free Guide

Budget Life Planner (Modern Version)