Who knew Sinking Fund Envelopes were a thing?
We love Sinking Fund Charts but what if you could have your sinking fund chart and money together, in the same place?
With our Sinking Fund Envelopes, you can do just that!
Don’t you love efficiency?
Sinking Fund Envelopes
We don’t suggest you keep thousands of dollars in envelopes at home.
Sinking Fund Envelopes are here to make your life easier!
For example, you decide to sell things you no longer need or use on the Facebook Marketplace in order to save toward your emergency fund. Instead of running to the bank each time someone buys something from you, place it in the envelope and color in the appropriate lines. Then, when you do your regular banking, deposit that money into its’ designated account.
You know if it doesn’t go straight into the envelope, it will go in your wallet and get spent in unintended ways. Am I right?
Sinking Fund Envelope Supplies
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How To Use The Sinking Fund Envelopes
- Gain access to your Sinking Fund Envelopes below!
These envelopes are designed to be printed on a standard business size #10 envelope. Adjust your printer to print on a #10 envelope.
2. Determine how much you would like to save for each Sinking Fund and write the number on the top line.
4. Divide your saving goal by 10.
5. Write each increment on the lines shooting off the graphic with the smallest on the bottom.
If you plan to save $500, you would write $50 on the bottom line, $100 on the next line, etc.
6. As you save, color in the lines!
Each increment consists of 10 lines to fill in. If you plan to save $500 and each increment represents $50, each line would represent $5. For every $5 you save, color in a line.
7. Make your Sinking Funds a part of your monthly budget!
If you would like to save $500 in 10 months, you need to incorporate $50 a month into your spending plan.
8. When you head to the bank, deposit large amounts in their appropriate account.
Have fun saving, coloring in the lines, and reaching your goals!
Gain access to our Newsletter and Sinking Fund Envelopes here!
Not only will you gain access to ALL of our Sinking Fund Envelopes, you will also receive weekly emails with New printables, money tips, and/or money ideas!