I have a sinking funds question and need some input on how you guys would set yours up in this situation, please! I am starting by BBP in March, so going through now and getting everything organized. I currently have all of my sinking funds and my emergency fund and some extra 'misc. ' savings all in one account. I plan on putting my emergency fund savings in a separate savings account. So this would leave me with about 8, 000 in savings which is more than enough to cover my sinking funds for the year. So how would I go about adding in my sinking funds monthly since I'm not technically going to be funding them this year? I don't want to exclude them from the budget, because I'll need to add them into my budget once the current sinking fund event is over. I'd love to see/ gather advice on how you'd go about separating everything! Thank you so much in advance.
☰