Sinking Funds 101: How to get started with Sinking Funds in 2023|FREE PRINTABLE

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  • Опубликовано: 2 ноя 2024

Комментарии • 68

  • @cariannemarshall662
    @cariannemarshall662 Год назад +6

    I love how you put your cameo in the corner

  • @robyn_southafrica
    @robyn_southafrica Год назад +2

    that car fund for your kids is something new and I likes it. think i should start something like that for my nieces.. so cool 👍🏾
    Thanks for all the tips and advice in this video Chameka ❤

    • @chamekagbudgets
      @chamekagbudgets  Год назад +1

      You should! It's definitely worth it, everything counts!!!

  • @MindYourMoney
    @MindYourMoney Год назад +5

    saving for your children's first cars...genius! i'm starting one for my boys too.

  • @rackiahlyons6392
    @rackiahlyons6392 Год назад +1

    New sub ❤ love love what they say when already ready you don’t have to get ready😂❤❤❤

    • @chamekagbudgets
      @chamekagbudgets  Год назад

      Exactly!!!! You stay ready. lol thank you for sub. I hope you love it here!!

  • @AmoreBudgets
    @AmoreBudgets Год назад +1

    Thank you. I will be using the tracker. I am starting my budgeting process all over again.

    • @chamekagbudgets
      @chamekagbudgets  Год назад

      You got this, there is nothing wrong with starting over.

  • @meekshouse21
    @meekshouse21 Год назад +2

    Love it. I never thought to save for my son a car, but I got 3 years. Thanks for the idea. 😂😂❤

    • @chamekagbudgets
      @chamekagbudgets  Год назад +2

      Happy to help! See I knew I was doing something with that fund lol. Every little bit counts.

  • @debpritjay
    @debpritjay 10 месяцев назад

    Thanks so much for a great breakdown of sinking fund. I’m starting mine for 2024 n will do this process!!

  • @rachaelsmoneymoves
    @rachaelsmoneymoves Год назад +1

    Beautiful video, I enjoyed your video. I love that you use prop money. Do you use it for all your binders? New subscriber here

    • @chamekagbudgets
      @chamekagbudgets  Год назад +2

      Hey Love thank you for the support!!! And yes for most of them. This year I am using them for just select binders. I am gonna stuff real money in y monthly savings challenge, penny/52 week and then my black one (cash rollover). I hope that makes sense lol.

  • @lesliecigale
    @lesliecigale Год назад +1

    Just received my 52week bundle and place holders 😍😍😍 they are amazing!! Thank you so much🥰

    • @chamekagbudgets
      @chamekagbudgets  Год назад +2

      I am so glad you love them! Thank you so much for the support too!!!

  • @heatherharmon2679
    @heatherharmon2679 9 месяцев назад

    This is one of the better sinking fund explanation videos!

    • @chamekagbudgets
      @chamekagbudgets  9 месяцев назад

      Thank you so much 😊 I try my best to be helpful!!!

  • @rosbudgetlife3324
    @rosbudgetlife3324 Год назад +2

    Hey Chameka what a great way to plan for 2023!

  • @gaylepuou7214
    @gaylepuou7214 11 месяцев назад

    Thanks so much for the tracker. It's a big help.

    • @chamekagbudgets
      @chamekagbudgets  10 месяцев назад

      Happy to help! I am glad you liked it.

  • @ZariahsCreations
    @ZariahsCreations Год назад +1

    Thank you for another great video!! Can't wait to restart!!

  • @irenebcastaneda
    @irenebcastaneda Год назад +2

    Love this!!!! Thank you!
    Can you tell the reasoning behind using prop money please? ❤

    • @chamekagbudgets
      @chamekagbudgets  Год назад +3

      Sure thing! I use it so I can keep track of each individual fund and still feel like I’m stuffing the money. I prefer the real money to stay in the bank. I just like the aspect of stuffing and adding to a sinking fund.

  • @josiethebutterfly8126
    @josiethebutterfly8126 Год назад +2

    What planner do you use ?😊

    • @chamekagbudgets
      @chamekagbudgets  Год назад

      It's one I created love. It's on my website...bloompastfears.com

  • @AdrienneC
    @AdrienneC Год назад +1

    Finishing up my binders this weekend! Happy New Year Sis!💚

  • @denysejones4716
    @denysejones4716 Год назад +1

    Hey. Great video. Where can I get the printable?

    • @chamekagbudgets
      @chamekagbudgets  Год назад

      Hey love. Thank you. I just updated the description box. So now it should be there.

  • @beth3535
    @beth3535 Год назад

    Really like your tracker. It’s well thought out.

  • @BudgetsWithELMA
    @BudgetsWithELMA Год назад +1

    Love your video & new subbie here 👋

  • @RosieLindsey-bq9tb
    @RosieLindsey-bq9tb Год назад +1

    Do you change sinking funds sheet's as the amounts change

  • @bobbis.172
    @bobbis.172 Год назад

    ❤Thank you for sharing your sinking fund tracker! Getting ready for 2024 right now, as well as some last minute prep for some upcoming memberships/subscriptions, and personal property taxes that are coming in next couple months 😬

  • @Sum1Budgets
    @Sum1Budgets Год назад +1

    Thanks for the tracker!

  • @ThePrettiprincessk
    @ThePrettiprincessk Год назад +4

    Glad you are back giving us content. I usually do a budget for my annual subscriptions/bills/etc. However, I love the idea of planning ahead for passports. Mine was just recently renewed a couple years ago, however, this year I plan to go ahead and start saving for when the time comes to renew it again. That way I can save smaller amounts over the next several years and not have to save the entire amount in just the year it needs renewing. Awesome idea! Thank you for that!

    • @chamekagbudgets
      @chamekagbudgets  Год назад +2

      That's why I like to start super early, so then it's just a couple of dollars here and there and not a big lump sum at a time. I'm glad I could help boo!!

  • @SONYARenee
    @SONYARenee Год назад +1

    Ok, I need this printable asap. Thanks for the details and clear explanations of each. I have one more order I am doing on Amazon, and will be opening a business acct. It was actually Amazon, who asked me about a business acct because I spend too much, and why I am doing a lot of these challenges this yr. Last month I had 31 transactions with Amazon, I’m lost for words. Great idea on savings for your kid's first car. Our daughter is 4, and we save for her. Part of her savings will be for a car, and my husband and we are going to do a trust, so she can receive money at different ages because we do not want her to run through money, especially since we saved it for her. A Disney cruise is also in the works💕. Thank you for your service, I’m a military spouse and my husband is AF we're stationed in Okinawa, Japan. He’ll retire in two yrs and looking into recruiting.

    • @chamekagbudgets
      @chamekagbudgets  Год назад

      I want to open a business account as well. Cause I can't keep buying random stuff off Amazon lol. Thank you to your hubby for his service and for you too, cause ya'll have it just as bad as we do sometimes with the moving unexpectedly and just the "things" we go through in the military. How is Okinawa, I never got to PCS overseas just a couple deployments, but I always wanted to PCS to Japan for a few years and experience the lifestyle. Disney Cruise is going to be a BLAST!!!! Your daughter will love and your and your husband will enjoy it too! I love that you are starting early for your daughter. It's such a good feeling as a parent to do that. I enjoy it so much!

  • @Lifewithmrsvee
    @Lifewithmrsvee Год назад +1

    Happy New Year!

  • @auntcookie9163
    @auntcookie9163 Год назад +1

    Ok you so good planning ahead. I'm still trying to budget for a trip in Aug . Help!!!! I wanna do stuff cause don't know that bthis is a trip ill make again

    • @chamekagbudgets
      @chamekagbudgets  Год назад

      Are you going to Paris? I think we talked about this. If it's not you, I am sorry. But I know one of my supporters is going on a trip to Paris this year for their birthday.

  • @Jotique
    @Jotique Год назад

    I don't have a binder... I need to get one that way i would have both. I majority use my qube debit card for my savings and envelopes

    • @chamekagbudgets
      @chamekagbudgets  Год назад

      I never heard of qube debit. I have them available in my shop (bloompastfears.com)

  • @ondrasmith965
    @ondrasmith965 7 месяцев назад

    Hi, do you have video on how to get the words on the side of your binders? I have been looking all over 😢

    • @chamekagbudgets
      @chamekagbudgets  7 месяцев назад +1

      I don't have a video of that I do sell them in my shop. if you're interested.

  • @jasminejones4815
    @jasminejones4815 Год назад +1

    Great video

  • @rdking0889
    @rdking0889 Год назад +1

    Hey girl hey

  • @pchoice1
    @pchoice1 Год назад +1

    Hey girl hey🥰🥰

  • @amberbeans
    @amberbeans Год назад +1

    💜💜💜💜💜

  • @QueensLifes
    @QueensLifes Год назад +1

    Hello, I’m new here. Here for another video with your channel. Keep up the good work. Looking forward to another one soon. Hopefully we can be friends and you can come over by me. I have been watching your videos and im going to start the savings challenge, I would be new to this community and would love to stay touch with you. I bought 2 binders and the cash holder already, now just putting together my budget spreadsheet, Hoping to start soon.

    • @chamekagbudgets
      @chamekagbudgets  Год назад +1

      Ohhh thank you love! Welcome to my channel. I hope you stick around and continue to support. I am very appreciative of your support too. You can bloom past any fears you have!!!

  • @elizabethcortez6579
    @elizabethcortez6579 Год назад

    Girl.. this tracker is so stupid. Like it’s for someone who doesn’t work and have no kids/fam. Tricky for 48 months? So freken ridiculous

    • @chamekagbudgets
      @chamekagbudgets  Год назад +4

      Oh wow! Well, I am so sorry the tracker is not working for you. But I do have children and you create the life you want to live and the money you want to save or not save. I wish you well on your budgeting journey, love. Do you need some help on how to complete it?