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Sinking funds spreadsheet. Once we found sinking funds Skip to content. The Sinking Funds Spreadsheet is here to help you hit your monthly savings goal keep track of what money is earmarked for what and know exactly how much you should be setting aside each month to reach your goals. Home maintenance and repairs.

Sinking funds give you the power to set aside money for an anticipated expense thats going to happen in the future and not necessarily a budget item for the current month. The Simple Girls Guide Making Personal Finance Simple. Sinking Funds Savings Account Management plus a tracking spreadsheet August 19 2018 July 13 2020.

Each printable tracker is 199 or you can grab our 14 essential sinking funds trackers for a discount. Add all of your sinking funds to your monthly budget forms and fill it out appropriately. Plan Your Sinking Funds Once you have an amount that you wish to put towards sinking funds you decide what goals and amounts.

Simply put sinking funds are savings accounts that you regularly put money into so that you can gradually save up for a big bill or expense. A sinking fund allows you to save for certain expenses over a long period of time vs being caught by surprise when an expense appears. The entire set is completely free and available in my resource library.

If you know you will need to make a large purchase in a few months you can start a sinking fund to save up now. A sinking fund can be a line item in your monthly budget or can be funded as funds are available. There is also an extensive instructions manual containing how to use this excel sinking funds spreadsheet as well as additional tips.

To get started with the sheet youre going to want to create a copy and save it to your own Google Drive free From there youll be able to customise the sheet changing the sinking fund names check out the sinking funds I believe everyone should have. Today we discuss sinking funds. Categories listed to get you started with your Sinking Funds Spreadsheet.

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