Do You Have a Budget?

Most of our costs are predictable. Christmas and birthdays come along at the same time every year. So you can look ahead and say, right, what birthdays am I going to want to pay for in this coming year? And actually, one of those birthdays is a big birthday. You know, it's a 60th. Maybe we might go away for the weekend for that or something. Need to think ahead for that, and then plan sinking funds,. divide the cost of those bigger annual bills by 12 and save them in advance. Sinking funds are for expected bills. Energy fund is for emergency fund is for unexpected bills. Your sinking funds are forexpected bills.