InControl Financial Podcast | Get Out Of Debt (G.O.O.D.) | Personal Finance That's: Fun. Uplifting. ...

In this episode, Tom talks about sinking funds.  What are sinking funds?  Simply put, sinking funds are money that you set aside for an upcoming expense.  This may be vacation, a new car purchase (and by "new" we mean a newer used car), etc.  Tom also distinguishes between when to use an emergency fund vs. a sinking fund and how a sinking fund can actually help to add to an already existing emergency fund.  All of this packed into a little over ten minutes!   Please don't forget to leave a review in iTunes or on Stitcher Radio.  Your feedback helps to guide the format and content of future podcast episodes.   Follow us on Twitter: @ICFPodcast   Follow us on Facebook: http://facebook.com/incontrolfinancial   Got a question that we can help you with?  Go to http://incontrolfinancial.com and click on the Contact Us button to send an e-mail directly to Tom's inbox!   Please share this podcast with any friends or family members who might find the content