Sinking funds are money saved for future expected expenses. Sinking funds help to take the financial stress out of your life as you are plan and save ahead for future expenses. For example, if you know that the roof needs to be replaced within the next 5 years, you can start a sinking fund to …
What are Sinking Funds and 65 Sinking Fund Categories For Your Budget Read More »
We all know that a budget is a plan for our money. However, it can get stressful and depressing when our income is on the lower end and it just seems that there is hardly enough to go around. When the going gets tough, it’s time to get creative. And below are 16 ways we …
What is All Cash Budgeting? To be honest, I was quite surprised to find that people were intentionally using cash for all their transactions. I often thought that only the older folks who grew up pre-credit card era would use cash for everything. I mean why would you want to miss out on the free …