Listen "48. Using Saving Sprints Instead of Sinking Funds"
Episode Synopsis
In the previous episode, I talked to Jessi Fearon about sinking funds: how she uses them, why she uses them, and how they are helpful in her budget. I thought it would be helpful to record my own episode talking about why I choose not to use sinking funds.Like I said in the conversation with Jessi, I don't think sinking funds a bad thing. I think that a lot of people could benefit from them, especially if you're trying to go from having no budget or organization behind your money to wanting to be on top of handling unexpected expenses. In today's episode, I'm going to talk about why I use saving sprints instead of sinking funds. My hope is that you'll be able to find a method that works for you, not that you'll be convinced that one is objectively better than the other.Managing your money shouldn’t be a lonely experience! The Care Creates Community from Debt Free Mom is a safe, private membership community created specifically for women who manage their home’s finances. Together, we find realistic ways to make the most of our home finances & stick with our plans! Get the support you need to reach your financial goals by joining today at www.carecreatescommunity.com.Do you have a money question that you’d like to talk about with Carly? Do you have a story of navigating a tricky financial situation? We’d love to have you on the Debt Free Mom Podcast! Fill out the guest application at dfmpodcast.com. Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
More episodes of the podcast The Debt Free Mom Podcast
81. We Bought a House - Again!
22/04/2025
80. Wealth is a Mindset with Shang Saavedra
02/04/2025
79. Feed the Family: Nothing Bad will Happen
05/03/2025
77. What Kyle is Looking for in a House
19/02/2025
76. How We Became Debt Free
12/02/2025
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.