Sinking Funds for Irregular Bills
By n o a h · Published · Updated
Turns annual surprise expenses like insurance, holidays and Christmas into fixed monthly sinking-fund amounts, with the order to fund them.
Tags: Budgeting, Savings
Prompt template
## Sinking Funds for Irregular Bills Car insurance, holidays, Christmas, the dentist: the same predictable surprises wreck a month of budget every year. Convert them into monthly amounts. - Irregular expenses: [textarea: One per line with the rough annual cost and the month it hits] - Monthly amount I can set aside: [text: Optional ceiling or leave blank] - Currency: [text: e.g. GBP or USD] List each expense with its annual cost and due month, then divide by the months left until it lands to get the monthly figure. Group the small items into one miscellaneous fund. Give the total to set aside each month. Say which fund to fill first, ordered by what is due soonest, and flag any bill due so soon that the monthly amount is unrealistic, suggesting a catch-up top-up. If a ceiling was given and the total exceeds it, show what to trim or stretch. Present it as a table.