Financial Management (Dave Ramsey: Chapter 3-Saving Money) Flashcards | StudBud

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Financial Management (Dave Ramsey: Chapter 3-Saving Money) Flashcards | StudBud

Financial Management (Dave Ramsey: Chapter 3-Saving Money)

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Question

Instead of borrowing money to buy something you save it up first. What is this approach called?

Answer

Sinking fund approach

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