if you're single don't open this 💔

JC Rodriguez
February 14, 2024

Happy Valentines day! We’re currently at 93 newsletter subscribers. I hope all 93 of you enjoy your dates, galentines, or brolentines.

DEFINITION
Sinking Fund

Basically, if you are saving up for a $3,000 engagement ring, you’re going to create a sinking fund for it.
If your goal is to buy it in 6 months, you’re first going to create a separate bank account (or just get an envelope) for it. Each month, you would put $500 into that account. And after 6 months, you’ll have $3,000 set aside for that purchase.
You can do this with anything (a down payment, a car, a wedding) so you can plan ahead before making a big purchase.

Need date ideas? There’s a ton of local, unique, and affordable events on Facebook Events. Use it!
I found my Valentine’s Date idea on it!

Reply to this email with any personal finance question you have, or share with me any wins in your life! (I’ll respond to your questions anonymously in future emails)