Saving for Future Expenses with Sinking Funds | Ally Bank Digital Sinking Funds | Life and Numbers



Here’s an update on my progress with my digital sinking funds! 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 #allybank

Timestamp
0:00 Introduction
0:45 Ally Bank Sinking Funds
2:14 Car Insurance
2:44 Why Sinking Funds Matter
3:36 Birthday Gifts
4:45 Christmas Gifts
5:33 Car Expenses
6:11 AKA
6:52 Vacations
8:46 Home
9:16 Core Savings
10:13 Ending
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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, Twitter, or TikTok 😊
https://www.instagram.com/thelifeandnumbers/
https://twitter.com/lifeandnumbers

@lifeandnumbers

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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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