Sinking Funds for Irregular Bills
By n o a h · Published · Updated
Turn annual surprise expenses like insurance and holidays into calm monthly amounts.
Tags: Budgeting, Savings
Prompt template
Car insurance, holidays, Christmas, the dentist. Every year the same "surprise" expenses wreck a month of my budget. My irregular expenses, roughly what they cost, and when they land: [textarea: expense, rough annual cost, and which month it hits] Turn these into monthly sinking-fund amounts. Group the small stuff into a single misc fund, give me the total I need to set aside each month, and tell me which fund to fill first based on what's due soonest.