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Are sinking funds considered savings?
Are sinking funds considered savings? For example, the 50/30/20 "rule" asks you to put aside 20% of your take home into savings. My monthly budget is based on two paychecks which comes out to about $4000 after tax, and every month I deposit about $800 into my Ally savings account, of which half goes into a bucket for emergency savings, while the other half are distributed between my...
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