How to Set Up a Sinking Fund | Sinking Funds Explained + Tutorial

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Debt Free Millennials

Debt Free Millennials

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A sinking fund can be used for purchases that you don't make regularly. You can save monthly for a purchase that you don't make frequently and have the money ready to go when you need to pay for that expense. I'm doing a walkthrough of my sinking funds and explaining the top 3 categories you can use to set up a sinking fund of your own!
#sinkingfunds #debtfreecommunity
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