November 25, 2020

Sinking funds are a great way to spread large spending over time and a better al…


Sinking funds are a great way to spread large spending over time and a better alternative than paying with loans or a credit card. 💰

Think of it similar to layaway but with yourself. Every month set aside money in anticipation of a big purchase like the example above. 🔝

Do you think this is a clever way to make large purchases?

—— Follow: @spacecitymoney for more ——

⚠️ I am not a financial advisor, the information provided is for educational and/or entertainment purposes only. ⚠️

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