Saving All Year for Big Expenses

Money Circle

English - October 21, 2019 09:00 - 22 minutes - 20.5 MB - ★★★★★ - 28 ratings
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Previous Episode: How to Manage Money As a Family

Next Episode: How to Prepare and Protect Yourself In Case You Get Divorced

This week, Maggie is talking about saving throughout the year so that you can afford bigger purchases. This is also what is known as creating “sinking funds”. You can do this for lots of different expenses and purchases:

Annual or quarterly expenses such as:Car insuranceAnnual feesRenter’s insuranceTaxesWater bill
TravelHoliday travelWeekend tripsBig vacationsShoppingHoliday giftsBirthday giftsWardrobe refreshes (mention my client)Expensive purchasesA carA laptop

To learn more about Maggie and her coaching and speaking services, visit www.maggiegermano.com.

To get more involved with Money Circle:

Join the free Facebook groupCome to an in-person event in DCSign up for the virtual membership program

The theme music is called Escaping Light by Aaron Sprinkle. The podcast artwork design is by my dear husband, Dan Rader.