A sinking fund is a financial strategy used to cover predictable but irregular expenses, such as car servicing or insurance premiums, to ensure emergency savings remain untouched.

Authors

• Person: Not available Organization: RBL Bank
  The Essential Guide to Building an Emergency Fund - RBL Bank

Sources

• The Essential Guide to Building an Emergency Fund - RBL Bank www.rbl.bank.in RBL Bank via serper

Referenced by nodes (2)

• emergency savings account concept
• insurance premiums concept