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Tag: sinking funds

  • Ask Matt & Joel

Ask Matt & Joel: How much should my emergency fund be for a rental property?

  • September 24, 2024
  • Tagged as: budgeting, emergency fund, Real Estate Investing, rental properties, sinking funds

John asked a great question in our HTM Facebook Group forum… “I’ve had a rental property for about 10 months now and slowly socking away 100% of the extra income in a reserve account. How…

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Avatar photo Joel
  • Lifestyle

12 Ways to Prepare Your Finances for a Baby

  • August 20, 2024
  • Tagged as: budgeting, emergency fund, frugal living, kids, saving money, sinking funds, teaching kids about money
prepare finances for a baby

Babies are expensive little things. I know because I just brought home a newborn this year! – and let me tell you, he flipped my financial world upside down. It was kind of surprising actually,…

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Joel O'Leary
  • Saving money

100 Envelope Challenge – Here’s How it Works

  • August 13, 2024
  • Tagged as: budgeting, emergency fund, Life Hacking, mindful spending, money challenges, saving for retirement, sinking funds

The 100 envelope challenge lasts for 100 days, and you’ll save a total of $5,050 completing it. There are also some variations you can choose!

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Brit DiTocco, Financial Writer at How To Money Britney DiTocco
  • Saving money

Sinking Funds: Everything You Need To Know

  • June 17, 2024
  • Tagged as: avoiding fees, debt management, emergency fund, Financial Independence, holiday spending, mindful spending, sinking funds
All about sinking funds definition

Sinking funds are a great way to prepare and save up for those larger expenses we know are coming up one day.

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Brit DiTocco, Financial Writer at How To Money Britney DiTocco
  • Earning More

10 Ways to Diversify Your Income For More Financial Stability

  • June 15, 2024
  • Tagged as: diversification, HYSA, Life Hacking, saving for retirement, side hustle ideas, sinking funds
ways to diversify income

Diversification can help you in more ways than one when it comes to your finances. As investors, spreading our money across several buckets can protect us from huge market swings, and lower our risk. Similarly,…

1 Reply
Brit DiTocco, Financial Writer at How To Money Britney DiTocco
  • Saving money

The Hidden Costs of Owning a Car

  • September 6, 2023
  • Tagged as: biking, car loan, compound interest, emergency fund, family finance, mindful spending, personal finance, sinking funds

While many people focus on sticker price or the monthly payment, they often overlook the hidden costs of owning a car.

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Avatar photo Jason Brown
  • Budgeting
  • Personal Finance

How to Stop Living Paycheck to Paycheck

  • August 5, 2023
  • Tagged as: 401k, debt management, emergency fund, gamify, HYSA, money goals, pay yourself first, personal capital, saving for retirement, saving money, sinking funds, tracking expenses
stop living paycheck to paycheck

With hard work, determination, and a little patience, you can break the cycle of living paycheck to paycheck. Just follow these steps!

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Brit DiTocco, Financial Writer at How To Money Britney DiTocco
  • Saving money

8 Tips For Creating A Holiday Spending Plan

  • May 7, 2023
  • Tagged as: Christmas, emergency fund, Entrepreneurship, holiday spending, investing, parenting, personal finance, saving for retirement, sinking funds, teaching kids

Creating a holiday spending plan early in the year helps you afford all the expensive stuff later, without going into debt!

1 Reply
Brit DiTocco, Financial Writer at How To Money Britney DiTocco
  • Saving money

Should You Repair Or Replace That Old Car?

  • April 23, 2023
  • Tagged as: biking, car loan, credit score, emergency fund, Life Hacking, money, retirement investing, roth ira, saving for retirement, saving money, sinking funds
repair or replace old car

Here are some helpful tips and reminders to help you decide whether to repair or replace your old car

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Brit DiTocco, Financial Writer at How To Money Britney DiTocco
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