Glossary
Sinking fund
Saving monthly for a known future expense, like $50 a month toward $600 holiday spending. It turns predictable lump sums into a budget line so they stop being 'emergencies.'
Full treatment
Budgeting guide
Glossary
Saving monthly for a known future expense, like $50 a month toward $600 holiday spending. It turns predictable lump sums into a budget line so they stop being 'emergencies.'
Full treatment
Budgeting guide