Why I use 'sinking funds' to save for major financial goals - Business Insider

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'Essentially, sinking funds are buckets of savings set aside for significant expenses you know will come up, even though you may not be sure exactly *when* they'll come up'

and give each one a custom name. To help visualize my savings, I created separate accounts for my engagement ring and new car goals and labeled them with my goal names.

First, I picked the date I wanted to reach my goal and have my sinking fund full. Next, I divided the remaining amount I needed to save by the number of months until my deadline. This gave me the amount I needed to save each month to reach my goal on time. I'd take any money leftover from underspending in my budget and apply it to these savings accounts, as well. This motivated me to be smart with my money. If I didn't need to spend, I didn't. I knew putting that money in my sinking fund could end up helping me buy my new car sooner.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว
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ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

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