This episode of Financially Naked: Stories from The Financial Gym is hosted by Catriona and Sara W, two Certified Financial Trainers at The Financial Gym. Today, they're shedding light on the power and potential of sinking funds. What are sinking funds, and why are they important in your financial journey?

They explore the different strategies for setting up sinking funds and discuss the best places to save them. They'll share practical tips on allocating your funds wisely, whether you're saving for that dream vacation, a summer camp for the kids, or your car expenses.

They'll show you how sinking funds can be a game-changer in helping you achieve your long-term financial goals and be a flexible and effective tool to confidently navigate your various savings goals.

For more details check out our show notes here!

If you want to work with a Certified Financial Trainer to help navigate your finances, schedule a free warm-up call today! If you have any ideas or questions for the show, send an email to [email protected].

Resources

• Financially Naked 183: Garrett & Sam Gymsplain Emergency Savings

• Why You Need a Sinking Fund & How to Set it Up

• Upstart.com - Learn About Sinking Funds

• Time - Sinking Fund: What Is It, Types & How to Set One Up

Meet The Trainers

Meet Catriona Williams, Level 2 Certified Financial Trainer

Meet Sara Willi, Level 2 Certified Financial Trainer