How to Start a Digital Sinking Fund | Life and Numbers

How to Start a Digital Sinking Fund | Life and Numbers
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I use Ally Bank Online Savings account to create my digital sinking funds. The savings account has buckets that I can use to separate money for different goals!

#sinkingfunds #digitalsinkingfunds

Time Stamps
0:00 Introduction
0:04 What are sinking funds?
1:38 Ally Bank
2:41 My savings account
3:25 My sinking funds buckets
5:49 Putting money in the buckets
10:22 Ending

Ally Bank Online Savings Account: https://www.ally.com/bank/online-savings-account4?PRtarget=am
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I’m documenting my debt free journey while also giving people personal finance advice like budgeting, saving and paying off debt! If you want to know what I’m up to on a daily basis, follow my on Instagram or Twitter 😊
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Disclaimer: I don’t have any formal financial background or training. I’m just someone who wished someone had taught me about finances when I was younger and I want to share what I’ve learned along the way. 😊

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