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

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  • เผยแพร่เมื่อ 29 ธ.ค. 2022
  • Hi my loves!!!
    Thank you so so so so sooooo much for coming to my channel. Make sure you like, comment, & subscribe so you won't miss a video.
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ความคิดเห็น • 68

  • @cariannemarshall662
    @cariannemarshall662 ปีที่แล้ว +4

    I love how you put your cameo in the corner

    • @chamekagbudgets
      @chamekagbudgets  ปีที่แล้ว +1

      I think I want to keep doing that!!1

  • @MindYourMoney
    @MindYourMoney ปีที่แล้ว +4

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

  • @robyn_southafrica
    @robyn_southafrica 11 หลายเดือนก่อน +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  10 หลายเดือนก่อน +1

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

  • @meekshouse21
    @meekshouse21 ปีที่แล้ว +2

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

    • @chamekagbudgets
      @chamekagbudgets  ปีที่แล้ว +2

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

  • @rackiahlyons6392
    @rackiahlyons6392 ปีที่แล้ว +1

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

    • @chamekagbudgets
      @chamekagbudgets  ปีที่แล้ว

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

  • @heatherharmon2679
    @heatherharmon2679 4 หลายเดือนก่อน

    This is one of the better sinking fund explanation videos!

    • @chamekagbudgets
      @chamekagbudgets  4 หลายเดือนก่อน

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

  • @AmoreBudgets
    @AmoreBudgets ปีที่แล้ว +1

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

    • @chamekagbudgets
      @chamekagbudgets  ปีที่แล้ว

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

  • @debpritjay
    @debpritjay 5 หลายเดือนก่อน

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

  • @rosbudgetlife3324
    @rosbudgetlife3324 ปีที่แล้ว +2

    Hey Chameka what a great way to plan for 2023!

  • @AdrienneC
    @AdrienneC ปีที่แล้ว +1

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

  • @lesliecigale
    @lesliecigale ปีที่แล้ว +1

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

    • @chamekagbudgets
      @chamekagbudgets  ปีที่แล้ว +2

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

  • @gaylepuou7214
    @gaylepuou7214 5 หลายเดือนก่อน

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

    • @chamekagbudgets
      @chamekagbudgets  5 หลายเดือนก่อน

      Happy to help! I am glad you liked it.

  • @ZariahsCreations
    @ZariahsCreations ปีที่แล้ว +1

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

    • @chamekagbudgets
      @chamekagbudgets  ปีที่แล้ว

      thank you so much for the continued support!

  • @irenebcastaneda
    @irenebcastaneda ปีที่แล้ว +2

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

    • @chamekagbudgets
      @chamekagbudgets  ปีที่แล้ว +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.

  • @ThePrettiprincessk
    @ThePrettiprincessk ปีที่แล้ว +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  ปีที่แล้ว +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!!

  • @BudgetsWithELMA
    @BudgetsWithELMA ปีที่แล้ว +1

    Love your video & new subbie here 👋

    • @chamekagbudgets
      @chamekagbudgets  ปีที่แล้ว +1

      thank youuuuu i hope you love it here!!!!!

  • @Sum1Budgets
    @Sum1Budgets ปีที่แล้ว +1

    Thanks for the tracker!

  • @savingwithmrsvee
    @savingwithmrsvee ปีที่แล้ว +1

    Happy New Year!

  • @beth3535
    @beth3535 8 หลายเดือนก่อน

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

    • @chamekagbudgets
      @chamekagbudgets  7 หลายเดือนก่อน +1

      It was inspired by the budget mom

  • @SONYARenee
    @SONYARenee ปีที่แล้ว +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  ปีที่แล้ว

      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!

  • @bobbis.172
    @bobbis.172 7 หลายเดือนก่อน

    ❤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 😬

  • @jasminejones4815
    @jasminejones4815 ปีที่แล้ว +1

    Great video

  • @rachaelsmoneymoves
    @rachaelsmoneymoves ปีที่แล้ว +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  ปีที่แล้ว +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.

  • @Jotique
    @Jotique 7 หลายเดือนก่อน

    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  7 หลายเดือนก่อน

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

  • @auntcookie9163
    @auntcookie9163 ปีที่แล้ว +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  ปีที่แล้ว

      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.

  • @josiethebutterfly8126
    @josiethebutterfly8126 ปีที่แล้ว +2

    What planner do you use ?😊

    • @chamekagbudgets
      @chamekagbudgets  ปีที่แล้ว

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

  • @rdking0889
    @rdking0889 ปีที่แล้ว +1

    Hey girl hey

  • @amberlema2088
    @amberlema2088 ปีที่แล้ว +1

    💜💜💜💜💜

  • @denysejones4716
    @denysejones4716 ปีที่แล้ว +1

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

    • @chamekagbudgets
      @chamekagbudgets  ปีที่แล้ว

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

  • @ondrasmith965
    @ondrasmith965 หลายเดือนก่อน

    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  หลายเดือนก่อน +1

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

  • @pchoice1
    @pchoice1 ปีที่แล้ว +1

    Hey girl hey🥰🥰

  • @RosieLindsey-bq9tb
    @RosieLindsey-bq9tb 10 หลายเดือนก่อน +1

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

    • @chamekagbudgets
      @chamekagbudgets  10 หลายเดือนก่อน +1

      no i don't, I just try to stay on track and adjust my budget each check

    • @RosieLindsey-bq9tb
      @RosieLindsey-bq9tb 10 หลายเดือนก่อน +1

      Thank you

  • @QueensLifes
    @QueensLifes ปีที่แล้ว +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  ปีที่แล้ว +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 ปีที่แล้ว

    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  ปีที่แล้ว +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?