2 years ago

Which expense would be a reason to set up a sinking fund?

1 answer:

8 0

Answer:

There are a number of different reasons and ways to use your sinking funds. If you have a planned expense, (such as a vacation), or an annual expense, (like preschool tuition), you can set up a sinking fund for it. Things like your vacation, home remodeling, and taxes could all have sinking funds.

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