💰 **One unexpected bill shouldn't destroy your savings plan.**
That's why it's helpful to understand the difference between two types of savings.
🎯 **Sinking fund:** Money saved gradually for planned expenses, such as a holiday, annual insurance or car servicing.
🛡️ **Emergency fund:** Money kept aside for unexpected events, such as urgent repairs or a sudden loss of income.
Both have a purpose — and mixing them up can leave you unprepared when you need cash most.
📖 Learn how to build both funds with our simple guide: csttimes . com
💬 Which would you build first: an emergency fund or a sinking fund?
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