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Sinking Fund

Plans regular savings toward a known future expense.

Interactive inputs coming — use the formula and example below.

Rechenbeispiel

Saving for a $2,400 expense in 12 months is $200/month.

So funktioniert's

  • Use the formula below with your own figures.

Die Formel

Monthly set-aside = goal ÷ months.

Rechenbeispiel

Saving for a $2,400 expense in 12 months is $200/month.

Häufige Fragen

Why use one?

It spreads a big cost into small steps.

Examples?

Holidays, insurance renewals, car service.

Tipps

  • Automate deposits so saving happens by default.
  • Keep an easy-access emergency buffer separate from goals.
  • Chase a competitive rate — the gap compounds.

Begriffe

APY
Yearly rate including compounding.
Liquidity
How easily you can access funds.
CD
A fixed-term deposit.