Sinking funds have honestly made me so much more relaxed about money without having to stress about credit card payments. Even if you don't match this spending with a credit card and just spend the money you save up, sinking funds will 100% positively impact any and all financial anxiety as they're an AWESOME tool to manage your money.
You can get super specific with sinking funds—for example with the travel fund, you can even have specific funds within the travel fund of:
- transport
- accommodation
- food & drink
and loads more. The more specific you are, the less anxiety you will have 😆
⏱️ timestamps:
00:00 intro
00:57 insurance
1:20 gifts
2:01 emotional spending
2:59 invest in yourself
3:31 black friday
4:01 memberships
4:36 DIY
5:12 travel
5:50 self-care
6:45 useful advice
9:13 outro
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📹Made possible by:
Music ⇢ Rose (prod. by lukrembo) [ Ссылка ]
Software ⇢ Final Cut Pro
Edit time ⇢ 3 hrs 15
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This channel is all about empowering you to not have it all figured out, by sharing videos that were really fun to make. Tenks 4 wotching!!!
#SinkingFunds #MoneySavingTips
What Is A Sinking Fund? 9 Sinking Funds To Save Money
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