I love looking at life to know as much as I can control and I can save and I can plan

the better off I feel, the better off life is.

If you know that there's going to be emergencies, why not plan even more for them?

Hey everyone, welcome to another episode of the Rachel Crucio podcast.

I'm so glad that you're here.

This episode is really fun because I get to interview my friend and the F-downs about

how to have more fun in our lives.

That's right, she's the queen when it comes to fun, so it's a really, really great conversation.

I'll answer a question from my Facebook community about what to do with your company bonus

while working the baby steps.

But first, let's talk about what a sinking fund is.

This is a word that has thrown around so much when it comes to personal finance, but really

sinking funds are the best way to ensure peace and fun in your life.

So take a listen.

One element when it comes to personal finance that really helps you save and helps you

stay on track are sinking funds.

So what a sinking fund is is where you save a little bit of money every month for something

specific.

Okay, so maybe you're going out of vacation.

You could have a sinking fund, you're saying I'm going to save X amount each month towards

invocation.

Maybe you're going to replace a car.

...