Comments on: How to Create Sinking Funds

By: Using a Mortgage Sinking Fund to Save for Early Payoff

Using a Mortgage Sinking Fund to Save for Early Payoff — Tue, 27 Sep 2011 15:34:51 +0000

[...] those unfamiliar with the concept of a sinking fund, let me first explain the idea. A sinking fund, in personal finance terms, refers to a dedicated [...]

By: Dave

Dave — Mon, 04 Jul 2011 18:06:23 +0000

Great post. One thing to consider is that Capitalone has purchased ING and I bet they will screw it up like they did to Chevy Chase Bank. Time to look for another ING substitute.

Have a great 4th!

-Dave

By: USAA is Giving Away a Car!

USAA is Giving Away a Car! — Tue, 05 Oct 2010 09:41:08 +0000

[...] has some tips on creating a sinking fund. These are great for both short and long term [...]

By: Weekend reading: Money Mavens

Weekend reading: Money Mavens — Sat, 11 Sep 2010 10:57:49 +0000

[...] Deliver Away Debt explains the concept of a sinking fund. [...]

By: Sinking Fund | The Debt Destroyer

Sinking Fund | The Debt Destroyer — Tue, 07 Sep 2010 07:16:51 +0000

[...] If you’d like to READ more about Sinking Funds, this is a post I wrote about how to set up a sinking fund. [...]

By: The Debt Destroyer | The Overview

The Debt Destroyer | The Overview — Thu, 19 Aug 2010 14:11:35 +0000

[...] Sinking funds are the rocket boosters that make the Debt Destroyer simple, fast, and easy. Just think of a sinking fund as a place holder for your money. An electronic envelope if you will. Money gets allocated to the fund through a deposit, and bills are paid through with the fund. All records are retained in one location, any cash flow questions can be quickly answered by reviewing each fund (account). [...]

By: Wells Fargo Charges a Fee to Make Transfer to Another Bank

Wells Fargo Charges a Fee to Make Transfer to Another Bank — Tue, 08 Jun 2010 12:05:12 +0000

[...] I may end up keeping our sinking fund accounts right at Wells Fargo, earning practically [...]

By: I Love You...Like A Blogger!

I Love You...Like A Blogger! — Sat, 27 Feb 2010 20:44:19 +0000

[...] Away Debt – How to Create Sinking Funds [...]

By: The cool kids are calling them “Sinking Funds” « Stay at Home Mom CFO – one mom, one income, too many issues…

Thu, 18 Feb 2010 17:50:57 +0000

[...] Deliver Away Debt: How to Create Sinking Funds [...]

By: Jeffrey Kosola

Jeffrey Kosola — Wed, 17 Feb 2010 15:58:28 +0000

I believe you are the uber organized one. A box with multiple tabs, that’s way more organized than me. I just found it simpler to set up these accounts as sinking funds and only allowing the companies to touch those accounts. I’m usually very busy and don’t have/make the time to perform the tasks manually. I get emails of all my statements and review them the minute I get it. I look for changes in the usage and payment as signs of problems.

If the file box is working good, I would stick with it. Nobody manages money the same and any hacks that work for you are GREAT!! Keep up your great work.