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The Best Method For Saving Money - Sinking Funds Explained ***************************************************** In this video I explain what a sinking funds is, how it works and how you can use it in your day-to-day management of your personal finances. I show you some examples of sinking funds that I use, so hopefully you get inspired by them and come up with some great ones for yourself! Let me know in the comment section below if you have any questions or want to share your experience with sinking funds! My Monthly Budget Spreadsheet (Zero-Based Budget) *********************************** https://www.etsy.com/uk/listing/11625... DISCLAIMER **************** I am not a financial advisor and if you are looking for specific advice for your needs, you should seek help from a financial professional! Your capital is at risk, the value of your investment can go up as well as down! SOCIALS ******************* Website – https://www.frugalspender.co.uk Follow me on my socials! :) Instagram - / frugal_spender TikTok - https://vm.tiktok.com/ZSv9kW8F/ REFERRALS **************** eToro - https://partners.etoro.com/B10482_A90... (I get a small kickback if you sign up with eToro using this link 😊) Crypto.com - https://platinum.crypto.com/r/qu9h5ewc7q (Sign up with this link and make a transaction for both of us to get $25. CHAPTERS **************** 00:00 - 00:42 – Intro 00:43 - 01:37 - What are sinking funds? 01:38 - 05:03 - How do you use sinking funds? 05:04 - 07:47 - Example sinking funds 07:48 - 09:51 - Where should you keep your sinking funds? 09:52 - 10:11 - Outro