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Where to keep sinking funds

Separate, safe and easy to see.

4 min read

Sinking fund money should be safe, separate from everyday spending, and easy to reach when the bill comes.

Options

  • A savings account with "buckets" or sub-accounts, if your bank offers them
  • Several separate savings accounts, one per jar
  • One savings account with a spreadsheet tracking each jar
  • Choose FDIC- or NCUA-insured accounts with no monthly fees

General educational information, not financial advice. Clever Coin Jar isn't paid by any bank or app.