Sinking Funds: The Budgeting System Nobody Taught You

Chile, let me tell you about the year I cried over a car repair. The check engine light came on in October. The mechanic told me $400 — money I had earmarked for Christmas. I sat in the parking lot afterwards and cried, because I had known the car was making a weird sound for months. I had known the holidays were coming. Sinking funds are the budgeting system nobody taught us — the one that turns 'big surprise expenses' into a non-event. Here are the 10 sinking funds every rich girl needs, the simplest setup, and how to start with just three.