Question

So I’m a newbie and have been wondering if MiKo has ever explained how she would handle bills that come quarterly? My thought was to set up a separate checking at my credit union and do a monthly transfer to it. so the money is there when these bills are due? I haven’t seen a video on this so any help would be appreciated!  

Answer 1

I’m not sure if she’s mentioned it but it sounds like it would be a sinking fund

Answer 2

I set up a sinking fund for them. Essentially what you describe.