💸 What are sinking funds? A popularized saving method Dave Ramsey heavily encourages people to use when saving while also owing lots of debt. 💸 Sinking funds are long and/or short term sub saving categories to prepare for a specific goal. You add to your sinking funds lastl ehen cash stuffing (my personal suggestion) as you want to take care of everything else thats high priority but some sinking fund categories can be high priority if you choose to. 💸 This is my first check in of the year to see whats grown and what hasnt, to see where i may wanna change up a goal or focus on most for the next quarter of the year. So let’s count up my sinking funds 🧮 #sinkingfundsupdate #daveramsey #cashstuffingsystem #budgetfriendly #budget #cashenvelopes #savingschallenge #emergencyfund #savingmoney #debtsnowball