This is one thing that I don't have, but I know I'll need to set it up ASAP. I know a few of you have sinking funds. How do you keep track? Are they in a separate savings account? Right now I think I'll need one for school/nursery and clothes for the kids. Us too, possibly. I know this'll help my budget in the long run if I can get this set up.
Sinking Funds
February 15th, 2018 at 10:25 am
February 15th, 2018 at 12:12 pm 1518696749
I think way, way back I may have used pen and paper to keep track of the sinking fund balances.
February 15th, 2018 at 04:16 pm 1518711413
I transfer sums each pay to cover costs, it's manageable in small segments. There are always surprises that I had to learn to say 'no' this year, will add it to the next year and choose to drop something as it's impossible to fund everything! I wish I could mimic Frugalwoods more effectively
February 15th, 2018 at 04:38 pm 1518712738
I'm expecting there to be school trips soon. I think there's seven pays until they start the new school year in August.
February 16th, 2018 at 04:04 pm 1518797074
February 17th, 2018 at 02:58 am 1518836324