My Income Streams, Current Bank Account Set-Up, Credit Cards & More 

You're so welcome!!! ♥️

You are so welcome!

Sinking funds are basically setting aside little bits of money every month for an upcoming large purchase which can be anything from a vacation, car tires, deductibles etc. Let's say you know you need new car tires for winter- instead of stressing about the $1,000 when you buy them, try putting aside $100/month and it won't be as stressful!

@@CarterSullivan Oh wow! That makes a lot of sense. I appreciate you explaining this to me!!

So glad to hear it!

You're so welcome!

YAY!

Aw thank you so much🥺🤍

AW this comment made me tear up, thank you so much!

Thank you!! ♥️

Yep!!!! Its been a life saver for us since we are constantly upgrading things around the house as we slowly renovate!

Honestly just educate yourself on other banks/accounts! Alot is trial and error and finding what works for you. Some "online" banks offer super high savings interest but to me I'd rather have my money in abit of a lower interest bank account and have access to it immediately! I would make a plan of the goals you want to accomplish short & long term and then set up accounts accordingly! Ex. Paying off debt, certain savings goals or investing

🥰🥰🥰

Aw thank you!! It's the same colour filter I use on all my videos but glad you noticed it!!! 🥰

@@CarterSullivan after years I still cannot color grade my footage and just change it up too much so clearly need a tutorial from you there, however, related to RU-vid, in your last reset (or maybe the one before that!) you went more in-depth on closing out for the month on your business side. As a teeny-tiny RU-vidr, those videos are so helpful too, but if you'd be able to chat about actually setting things up sometime it would be amazing. It's a big thing to navigate when you make about a fiver a month lol, but still would like to start putting things in place like a business bank account (most I've found charge at least a fiver so that's the income gone lol), expenses, equipment and things little people like me haven't thought of as we're starting out ;) etc. Anyway, no need to reply, I know you're busy - but this is information I'm forever trying to piece together from across your videos myself, so just some thoughts hehe xx

Thank you!! ♥️

Aw thank you!!

@@CarterSullivan yw! 💕✨

Wow so interesting to see how other countries do it! I also agree, I don't think they should charge for basic chequings account... you kinda need one to live!

Well first of all WELCOME!!!! Glad you enjoyed the video!!!

This is not my spreadsheet. It's linked in the description please look there!

Yes credit scores are super important for getting approved! Mine is in the high 750s 😊

Thanks Michelle!!! ♥️

Please watch the video all the way through! I talked about all my investment forms! I did also have an RRSP which I pulled for buying our home w/ the first time home buyers incentive!

Thank you!! ♥️

I think ultimately yes but depends on the person! I know I'll use my Christmas present sinking funds in December however my pet emergency one I hope I don't have to use it/it doesn't have a timeline to use!

It's not available in Canada so I can't sorry!

Yes it works really well for me!!

Yes that's great for fellow Americans! Sadly not in Canada 🥲

Maybe one day :(

♥️♥️♥️

I live in Ontario, Canada. Keep in mind that's only part time- I work 3 days/week and make $1100 biweekly. If I was working fulltime it would be closer to $1600-1800/biweekly. Hope you enjoy my content. Feel free to DM me on IG if you have any questions!