Why you need a sinking fund and how to start one
/There are certain expenses you cannot plan for, an unexpected death, a debilitating illness, a car crash. But there are some expenses you can prepare for.
You know eventually you will need a new car.
You know that your home will need a new bathtub, new fridge or (in what we're dealing with right now) a new roof.
That is why you need a sinking fund.