How To Set Up a Sinking Fund скачать в хорошем качестве

How To Set Up a Sinking Fund

A sinking fund is a strategic way to save money by setting aside a little bit each month for a specific expense down the road. In this video, we explain how to set up a sinking fund in your EveryDollar budget. ✅ Steps to Create a Sinking Fund in EveryDollar: • Click on the line item. • Select “Fund” and then select "Make this a fund." • Enter your current savings (if any) and set a target amount. • Once created, a piggy bank icon will appear next to the fund in your budget. ✅ Using Your Sinking Fund • Plan how much to save each month based on your goal deadline (ex: Christmas) or set an ongoing amount (ex: car maintenance). • Your sinking fund balance updates as you add savings each month. 💵 Try EveryDollar for Free: https://www.ramseysolutions.com/ramse... 🧐 Learn More About Sinking Funds: https://www.ramseysolutions.com/savin... 📺 Watch Next: → Adding and Spending Money From a Sinking Fund → How to Connect Your Bank and Track Transactions in EveryDollar 🙋 EveryDollar Help Center: https://everydollar.help.ramseysoluti... #EveryDollar #BudgetingTips #SinkingFunds