Does anyone know what a Sinking Fund is and how to best use it for personal finance? | All About Money Online

Typically, sinking funds are funds that a company uses to finance major repairs, maintenance and or replacement of major items. Repayment into where the funds originated, or back into the sinking fund is required.
How would a personal sinking fund be ran and would it be beneficial?

Popularity: 2% [?]

Related posts: