Sinking Funds
Updated
Sinking Funds
1.3K
Past Month Searches
-12%
Past Year Change
What is a sinking fund?
A sinking fund is an account that is used to save money for a specific purpose. The fund is designed to allow for regular contributions over time, which will eventually be used to pay for a specific goal, such as a car, a down payment on a home, or any planned future expense.
How fast are sinking funds growing in popularity?
Interest in Sinking Funds grew -12% over the past year, compared to the year before, putting it at a current volume of 1.3K searches per month, as of last month.
Related Trends
Channel Breakdown
Sinking fund content is predominantly talked about on TikTok, where users are sharing more casual and everyday money-related tips and tricks.
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