US EditionSinking Fund: What It Is & How to Make One
Summary by WalletHub
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.1 Articles
1 Articles
All
Left
Center
Right
Sinking Fund: What It Is & How to Make One
A sinking fund is money you put aside to help you accomplish a specific savings goal, such as saving up to buy a car or planning a wedding. Unlike an emergency fund, in which money is saved to pay for unexpected expenses like car repairs, a sinking fund is used for a planned, upcoming expense. The term “sinking fund” was first used by the English government in the 18th century when they were setting aside money to pay off the national debt, also…
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage