Mapping out planned expenses like vacations, holiday gifts and membership renewals in advance gives you time to save in smaller chunks. ‘Sinking’ your funds into buckets created for each savings goal ...

Big, one-time or infrequent expenses — a Disney vacation, new Apple Watch or next year's car insurance premiums can be budget busters. Because these expenses don't occur regularly, you may struggle to ...

The average American spends about 3% of their annual pretax income on travel, according to a Fidelity analysis of Consumer Expenditure Survey data from the Bureau of Labor Statistics. But if you’re ...

Sinking funds are an effective way to plan for upcoming expenses. For example, if you know you'll need to pay $750 to renew your car insurance in six months, you could put $125 into a sinking fund ...