Welcome to my channel, where I share practical tips and strategies on how I manage my finances as a single parent! In this video, I'll take you through my journey of saving and investing money, with a focus on building an emergency fund, managing sinking funds, and implementing a successful investment strategy.
As a mum, financial stability is crucial, and I've learned the importance of having a robust safety net.
Next, we'll explore the concept of sinking funds, which have been a game-changer for my financial planning. Its incredible how this simple technique can provide a sense of financial security and help you avoid unnecessary debt.
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00:00 Intro
02:08 Emergency fund
04:00 Sinking Funds
09:45 Everyday savings account
10:35 Investing
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