A sinking fund is a fund created specifically to save or set aside money to pay off a debt or a bond. A company may face an immense outlay when the time comes to pay off debts and bonds issued in the ...

If you’re someone who sticks to a well-thought-out monthly budget (and you should be), you’ll be in good shape to cover all of your usual monthly expenses, like housing costs, auto insurance, phone ...

A sinking fund is money saved for an expected expense, so you have funds reserved for that purpose. Sinking funds can help you create healthy financial habits. You can build a sinking fund while ...

Joshua Rodriguez is a personal finance and investing writer with a passion for his craft. When he's not working, he enjoys time with his wife, two kids and two dogs. Sinking funds are an effective way ...

Earlier this year, I found myself between jobs. The news came out of the blue, and I had to reassess my spending while I looked for work. The situation would have been much more difficult had it not ...

Property taxes. School fees. The quarterly waste-management bill or semi-annual yard maintenance cost. A holiday you know you’ll be taking next year. Taxes on your self-employed income. When larger ...

When it comes to budgeting, a whole dictionary's worth of terms gets thrown around. It can be hard — especially when you're new to personal finance — to make head or tail of it. What are the ideas ...

The most expensive time of year has arrived. Spending on holiday gifts, decorations, parties, dinners and travel can add up fast, so having a ‘sinking fund’ — i.e., money allocated to extra spending ...

Dashia is the consumer insights editor for CNET. She specializes in data-driven analysis and news at the intersection of tech, personal finance and consumer sentiment. Dashia investigates economic ...