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Saving Advice
Saving Advice
Lifestyle
Teri Monroe

8 Sinking-Fund Categories People Overlook—Until a Crisis Hits

sinking fund for expenses like car repair
Image Source: 123rf.com

A sinking fund is like an emergency fund’s proactive cousin—it’s money you set aside for predictable but irregular expenses. While many people save for vacations or car repairs, some categories get forgotten. When those overlooked costs appear, they hit like a crisis. Retirees especially benefit from covering these bases. Here are eight sinking-fund categories most people miss.

1. Home Maintenance

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