You may be wondering what a sinking fund is. Simply put, it is money that you save each month towards one-time or irregular pre-planned expenses, such as new car tires, a birthday party, or a vacation without having to touch your emergency savings or swipe your credit card. There are many strategies you can learn to better handle your money. Creating emergency funds and sinking funds are two popular methods that could come in handy. Learn more about them in the video below! #AIAMalaysia #HealthierLongerBetterLives #FinancialHealth #Financialwealth #WealthMindset #FinancialPlanning
Posted 2 years ago
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