Sinking Funds vs Savings - What’s The Difference? | The Vault Episode 40

Send us a textIn Episode 42 of The Vault, we discuss this week’s controversial opinion, “Buy cheap, you buy twice”, before diving into our listener dilemmas:💸 “The jump from managing money together to by myself”💸 “I’ve fallen off the rails”We celebrate a listener who discovered an unexpected benefit of using Financielle - they have the financial freedom to make a career change and pursue a job they’re passionate about 🥹❤️If you’d like to share your money win, head to the community in the Financielle app or email [email protected] your (totally anonymous) money dilemmas to [email protected] and we may feature yours on a future episode 💌Thank you to our partner PensionBee, who are on a mission to help you build pension confidence and create a world where everyone can enjoy a happy retirement. With PensionBee you can combine, contribute and withdraw online. Join over 260,000 customers saving with PensionBee. When investing, your capital is at risk.Sign up and combine your pensions here 🐝Start building your investing routine with Trading 212’s Autoinvest feature here 💸When investing, your capital is at risk. Pies & Autoinvest is an execution-only service, not investment advice or portfolio management. Automatic investing refers to executing scheduled deposits. You are responsible for all investment and rebalancing decisions. This information is not investment advice. Do your own research.Chapters:00:00 Introduction00:41 Tea Time Tales and Morning Routines10:02 Fashion and Quality: Buy Cheap, Buy Twice18:03 Investment Routine and First Dilemma21:03 Navigating Shared Financial Responsibilities23:03 Freelancing and Budgeting Tips25:19 Embracing Solo Financial Management29:24 Overcoming Financial SetbacksThe Vault is an entertaining yet thought provoking podcast that answers our community’s dilemmas and confessions surrounding women and money.Visit https://www.financielle.com to download our app.Watch the podcast on YouTube.Follow Financielle for more:▶︎ TikTok▶︎ InstagramAbout Financielle:Financielle is a female focussed finance app helping women to take back control of their money, ditch debt, increase savings and invest in their future.Recorded and Produced by Liverpool Podcast Studios▶︎ Web ▶︎ Instagram▶︎ LinkedIn

Send us a text💸 Welcome to The Vault Unlocked – a special bonus series of The Vault Podcast, where we deep dive into the big money topics no one wants to talk about.In this kickoff episode, I’m sharing my story—the journey that led to the creation of Financielle.✨ What to expect in this episode:My early dream of wealth, inspired by lottery fantasies and a “Richie Rich” mindsetThe reality of living a Champagne lifestyle on a Prosecco budget: consumer debt, emotional spending, and the pressure to "look rich"The struggle with quick fixes, the trap of instant gratification, and the wake-up call that changed everythingMy lightbulb moment: shifting the focus from wealth to financial wellness and embracing small, impactful changesHow Financielle was born from a desire to help women take manageable steps toward financial security and stability💬 Takeaway: Financial wellness doesn’t require a lottery win—it starts with small, actionable steps.👉 Subscribe to Financielle for honest conversations about money, and let’s rewrite your money story together.The Vault is an entertaining yet thought provoking podcast that answers our community’s dilemmas and confessions surrounding women and money.Visit https://www.financielle.com to download our app.Watch the podcast on YouTube.Follow Financielle for more:▶︎ TikTok▶︎ InstagramAbout Financielle:Financielle is a female focussed finance app helping women to take back control of their money, ditch debt, increase savings and invest in their future.Recorded and Produced by Liverpool Podcast Studios▶︎ Web ▶︎ Instagram▶︎ LinkedIn

Send us a textIn Episode 41 of The Vault, we discuss this week’s controversial opinion, “You shouldn’t have a personal trainer if you’re in debt”, before diving into our listener dilemmas:💸 “Should I ditch luxuries while paying off debt?”💸 “I feel so behind compared to my family and friends”We celebrate a listener who, after dealing with some serious debt and living paycheck to paycheck, has managed to create a £500 sinking fund and an emergency fund, all while staying committed to budgeting and spending below their means 😍🎉If you’d like to share your money win, head to the community in the Financielle app or email [email protected] your (totally anonymous) money dilemmas to [email protected] and we may feature yours on a future episode 💌Thank you to our partner PensionBee, who are on a mission to help you build pension confidence and create a world where everyone can enjoy a happy retirement. With PensionBee you can combine, contribute and withdraw online. Join over 260,000 customers saving with PensionBee. When investing, your capital is at risk.Sign up and combine your pensions here 🐝Start building your investing routine with Trading 212’s Autoinvest feature here 💸When investing, your capital is at risk. Pies & Autoinvest is an execution-only service, not investment advice or portfolio management. Automatic investing refers to executing scheduled deposits. You are responsible for all investment and rebalancing decisions. This information is not investment advice. Do your own research.As a Vault listener, you can get a whopping 25% off our digital course, The Money Playbook.This is a step by step guide to being financially well. It has 101 lessons where you'll learn how to budget, ditch debt, build savings and grow wealth. Use this offer code at checkout: VAULTChapters:00:00 Introduction00:47 Hair Woes and Crime Scene Fears07:47 Holiday Traditions and Festivities12:11 Financial Advice and Personal Trainers23:38 Hairdresser Hilarity: Community Stories26:20 The Cost of Beauty: Financial Realities28:49 Sinking Funds and Emergency Savings36:02 Navigating Life's Challenges: Advice and ReflectionsThe Vault is an entertaining yet thought provoking podcast that answers our community’s dilemmas and confessions surrounding women and money.Visit https://www.financielle.com to download our app.Watch the podcast on YouTube.Follow Financielle for more:▶︎ TikTok▶︎ InstagramAbout Financielle:Financielle is a female focussed finance app helping women to take back control of their money, ditch debt, increase savings and invest in their future.Recorded and Produced by Liverpool Podcast Studios▶︎ Web ▶︎ Instagram▶︎ LinkedIn

Send us a textIn Episode 40 of The Vault, we discuss this week’s controversial opinion, "'Settling' for a stable job over pursuing a passion is a valid choice”, before diving into our listener dilemmas:💸 “How should I be saving for my children’s futures?”💸 “I’m scared to make a mistake with my husband’s life insurance pay out”We celebrate a listener who’s transformed their money mindset, started budgeting, and even inspired their best friend to join them in weekly “Monday Money Meetings”. We’re so here for it! ❤️If you’d like to share your money win, head to the community in the Financielle app or email [email protected] your (totally anonymous) money dilemmas to [email protected] and we may feature yours on a future episode 💌Thank you to our partner PensionBee, who are on a mission to help you build pension confidence and create a world where everyone can enjoy a happy retirement. With PensionBee you can combine, contribute and withdraw online. Join over 260,000 customers saving with PensionBee. When investing, your capital is at risk.Sign up and combine your pensions here 🐝Start building your investing routine with Trading 212’s Autoinvest feature here 💸When investing, your capital is at risk. Pies & Autoinvest is an execution-only service, not investment advice or portfolio management. Automatic investing refers to executing scheduled deposits. You are responsible for all investment and rebalancing decisions. This information is not investment advice. Do your own research.Chapters:00:00 Introduction00:42 Fashion Talk: The Story Behind the Trainers02:58 Nail Care and Beauty Tips08:21 Balancing Hobbies and Work17:49 Practical Solutions and Investment Routines18:42 Saving for Children's Futures27:43 Community Wins and Money Meetings29:56 Managing Life Insurance PayoutsThe Vault is an entertaining yet thought provoking podcast that answers our community’s dilemmas and confessions surrounding women and money.Visit https://www.financielle.com to download our app.Watch the podcast on YouTube.Follow Financielle for more:▶︎ TikTok▶︎ InstagramAbout Financielle:Financielle is a female focussed finance app helping women to take back control of their money, ditch debt, increase savings and invest in their future.Recorded and Produced by Liverpool Podcast Studios▶︎ Web ▶︎ Instagram▶︎ LinkedIn

Send us a textWelcome to The Vault with Financielle.In Episode 39 of The Vault, we discuss this week’s controversial opinion, “Investing is gate-kept and purposely made confusing”, before diving into our listener dilemmas:“We want a wedding AND a house” 💍🏡"I've been hiding £17,000 of debt since we started dating” 💸We celebrate a listener who, despite being worried about telling their partner about their debt, took the leap - and was met with incredible support and a commitment to face the challenges together! ❤️If you’d like to share your money win, head to the community in the Financielle app or email [email protected] your (totally anonymous) money dilemmas to [email protected] and we may feature yours on a future episode 💌Thank you to our partner PensionBee, who are on a mission to help you build pension confidence and create a world where everyone can enjoy a happy retirement. With PensionBee you can combine, contribute and withdraw online. Join over 260,000 customers saving with PensionBee. When investing, your capital is at risk.Sign up and combine your pensions here 🐝Get more out of your money by opening a high interest Cash ISA with Trading 212 here 💸When investing, your capital is at risk. Pies & Autoinvest is an execution-only service, not investment advice or portfolio management. Automatic investing refers to executing scheduled deposits. You are responsible for all investment and rebalancing decisions. This information is not investment advice. Do your own research.As a Vault listener, you can get a whopping 25% off our digital course, The Money Playbook.This is a step by step guide to being financially well. It has 101 lessons where you'll learn how to budget, ditch debt, build savings and grow wealth. Use this offer code at checkout: VAULTCheck it out here 💸Chapters:00:00 Introduction06:09 Welcome to The Vault10:44 Controversial Opinion: “Investing is gate-kept and purposely made confusing”26:26 Dilemma 1: “We want a wedding AND a house”35:00 Community Win: "Life happens and we're a team" 37:56 Dilemma 2: “I've Been HidingThe Vault is an entertaining yet thought provoking podcast that answers our community’s dilemmas and confessions surrounding women and money.Visit https://www.financielle.com to download our app.Watch the podcast on YouTube.Follow Financielle for more:▶︎ TikTok▶︎ InstagramAbout Financielle:Financielle is a female focussed finance app helping women to take back control of their money, ditch debt, increase savings and invest in their future.Recorded and Produced by Liverpool Podcast Studios▶︎ Web ▶︎ Instagram▶︎ LinkedIn

Send us a textIn Episode 38 of The Vault, we discuss this week’s controversial opinion, “Money education should be taught in schools”, before diving into our listener dilemmas:“How do I escape car finance?”"Should I give up the opportunity for an interest free mortgage?”We celebrate a listener who, after two and a half years of hard work and switching careers, has finally paid off £13,000 in credit card debt and is now totally consumer debt-free! She’s ready to channel all her extra cash into building her net worth and achieving financial freedom!If you’d like to share your money win, head to the community in the Financielle app or email [email protected] your (totally anonymous) money dilemmas to [email protected] and we may feature yours on a future episode 💌Thank you to our partner PensionBee, who are on a mission to help you build pension confidence and create a world where everyone can enjoy a happy retirement. With PensionBee you can combine, contribute and withdraw online. Join over 260,000 customers saving with PensionBee. When investing, your capital is at risk.Sign up and combine your pensions here 🐝Get more out of your money by opening a high interest Cash ISA with Trading 212 here 💸When investing, your capital is at risk. Pies & Autoinvest is an execution-only service, not investment advice or portfolio management. Automatic investing refers to executing scheduled deposits. You are responsible for all investment and rebalancing decisions. This information is not investment advice. Do your own research.As a Vault listener, you can get a whopping 25% off our digital course, The Money Playbook.This is a step by step guide to being financially well. It has 101 lessons where you'll learn how to budget, ditch debt, build savings and grow wealth. Use this offer code at checkout: VAULTCheck it out here 💸Chapters:00:00 Introduction 03:33 Welcome to The Vault03:43 Controversial Opinion: “Money education should be taught in schools"16:44 Dilemma 1: “How do I escape car finance?”32:40 Community Win: £13K Debt-Free!36:05 Dilemma 2: “Should I give up the opportunThe Vault is an entertaining yet thought provoking podcast that answers our community’s dilemmas and confessions surrounding women and money.Visit https://www.financielle.com to download our app.Watch the podcast on YouTube.Follow Financielle for more:▶︎ TikTok▶︎ InstagramAbout Financielle:Financielle is a female focussed finance app helping women to take back control of their money, ditch debt, increase savings and invest in their future.Recorded and Produced by Liverpool Podcast Studios▶︎ Web ▶︎ Instagram▶︎ LinkedIn

Send us a textWelcome to The Vault with Financielle. In Episode 37 of The Vault, we discuss this week’s controversial opinion, “Luxury items are a waste of money unless they increase in value over time”, before diving into our listener dilemmas:“Is my housemate’s boyfriend freeloading?”"My whole life is about to change!”We celebrate a motivated Vault listener getting her money $h*t together, going from an emotional, impulsive spender to someone with a clear vision and self-discipline over her spending 💸🤓If you’d like to share your money win, head to the community in the Financielle app or email [email protected] your (totally anonymous) money dilemmas to [email protected] and we may feature yours on a future episode 💌Thank you to our partner PensionBee, who are on a mission to help you build pension confidence and create a world where everyone can enjoy a happy retirement. With PensionBee you can combine, contribute and withdraw online. Join over 260,000 customers saving with PensionBee. When investing, your capital is at risk.Sign up and combine your pensions here 🐝Get more out of your money by opening a high interest Cash ISA with Trading 212 here 💸When investing, your capital is at risk. Pies & Autoinvest is an execution-only service, not investment advice or portfolio management. Automatic investing refers to executing scheduled deposits. You are responsible for all investment and rebalancing decisions. This information is not investment advice. Do your own research.As a Vault listener, you can get a whopping 25% off our digital course, The Money Playbook.This is a step by step guide to being financially well. It has 101 lessons where you'll learn how to budget, ditch debt, build savings and grow wealth. Use this offer code at checkout: VAULT Check it out here 💸Chapters:00:00 Introduction03:48 Controversial Opinion: "Luxury items are a waste of money..."16:00 Dilemma 1: “Is my housemate’s boyfriend freeloading?”28:43 Community Win: Feeling in control over finances36:03 Dilemma 2: “My whole life is about to change!”52:40 Final ThoughtsThe Vault is an entertaining yet thought provoking podcast that answers our community’s dilemmas and confessions surrounding women and money.Visit https://www.financielle.com to download our app.Watch the podcast on YouTube.Follow Financielle for more:▶︎ TikTok▶︎ InstagramAbout Financielle:Financielle is a female focussed finance app helping women to take back control of their money, ditch debt, increase savings and invest in their future.Recorded and Produced by Liverpool Podcast Studios▶︎ Web ▶︎ Instagram▶︎ LinkedIn

Send us a textWelcome to The Vault with Financielle.In Episode 36 of The Vault, we discuss this week’s controversial opinion, “9-5s don’t deserve the hate”, before diving into our listener dilemmas:“Should I lock in on my side hustle or start investing?” 📈"How do I start over after my breakup?” 💪 We celebrate a listener becoming debt-free, starting her wedding sinking fund, and feeling great when transferring to savings on payday rather than buying things she doesn’t need. What a Financielle queen! 👑💸If you’d like to share your money win, head to the community in the Financielle app or email [email protected] your (totally anonymous) money dilemmas to [email protected] and we may feature yours on a future episode 💌Thank you to our partner PensionBee, who are on a mission to help you build pension confidence and create a world where everyone can enjoy a happy retirement. With PensionBee you can combine, contribute and withdraw online. Join over 260,000 customers saving with PensionBee. When investing, your capital is at risk.Sign up and combine your pensions here 🐝Chapters:00:00 Introduction01:44 Welcome to The Vault05:06 Controversial Opinion: “9-5s don’t deserve the hate”11:58 Dilemma 1: “Should I lock in on my side hustle or start investing?” 📈21:55 Community Win & Wedding Chat28:47 Dilemma 2: "How do I start over after my breakup?”35:55 Final ThoughtsThe Vault is an entertaining yet thought provoking podcast that answers our community’s dilemmas and confessions surrounding women and money.Visit https://www.financielle.com to download our app.Watch the podcast on YouTube.Follow Financielle for more:▶︎ TikTok▶︎ InstagramAbout Financielle:Financielle is a female focussed finance app helping women to take back control of their money, ditch debt, increase savings and invest in their future.Recorded and Produced by Liverpool Podcast Studios▶︎ Web ▶︎ Instagram▶︎ LinkedIn

Send us a textWelcome to The Vault with Financielle. In Episode 35 of The Vault, we discuss this week’s controversial opinion, “Everyone should elope”, before diving into our listener dilemmas: “Should I prioritise building wealth or invest ethically?” 📈"How Do I Get My ADHD Wife on Board with Our Finances?” 💸 We celebrate a listener's incredible progress: since committing to the playbook in July, they've hit their mini emergency fund goal, closed a student overdraft, settled family debts, started sinking funds, and even dipped their toes into investing—all while feeling their money stress lift bit by bit! 🌟🎉If you’d like to share your money win, head to the community in the Financielle app or email [email protected] your (totally anonymous) money dilemmas to [email protected] and we may feature yours on a future episode 💌Thank you to our partner PensionBee, who are on a mission to help you build pension confidence and create a world where everyone can enjoy a happy retirement. With PensionBee you can combine, contribute and withdraw online. Join over 260,000 customers saving with PensionBee. When investing, your capital is at risk.Sign up and combine your pensions here 🐝Chapters:00:00 Introduction00:20 Welcome to The Vault 01:14 Controversial Opinion: "Everyone Should Elope" 06:06 Dilemma 1: "Should I prioritise building wealth or invest ethically?" 💸18:06 Community Win20:29 Dilemma 2: Managing Finances with ADHD 🌶31:15 Final ThoughtsThe Vault is an entertaining yet thought provoking podcast that answers our community’s dilemmas and confessions surrounding women and money.Visit https://www.financielle.com to download our app.Watch the podcast on YouTube.Follow Financielle for more:▶︎ TikTok▶︎ InstagramAbout Financielle:Financielle is a female focussed finance app helping women to take back control of their money, ditch debt, increase savings and invest in their future.Recorded and Produced by Liverpool Podcast Studios▶︎ Web ▶︎ Instagram▶︎ LinkedIn

Send us a textWelcome to The Vault with Financielle.In Episode 34 of The Vault, we discuss this week’s controversial opinion, “Budgeting apps don’t work”, before diving into our listener dilemmas:“I can’t balance my budget with my social life” 🥂“I’m obsessed with the idea of being debt free” 💸 We celebrate a listener who used her car maintenance sinking fund to dodge the stress of an unexpected car tyre expense 🚘🛞 We’re here for that peace of mind 🧘‍♀️✨If you’d like to share your money win, head to the community in the Financielle app or email [email protected] your (totally anonymous) money dilemmas to [email protected] and we may feature yours on a future episode 💌Thank you to our partner PensionBee, who are on a mission to help you build pension confidence and create a world where everyone can enjoy a happy retirement. With PensionBee you can combine, contribute and withdraw online. Join over 252,000 customers saving with PensionBee. When investing, your capital is at risk.Sign up and combine your pensions here 🐝Chapters:00:00 Introduction03:00 Welcome to The Vault05:50 Controversial Opinion: "Budgeting apps don’t work"13:37 Dilemma 1: “I can’t balance my budget with my social life” 🥂24:10 Community win - Sinking Funds FTW! 29:34 Dilemma 2: “I’m obsessed with the idea of being debt free”  💸40:11 Final ThoughtsThe Vault is an entertaining yet thought provoking podcast that answers our community’s dilemmas and confessions surrounding women and money.Visit https://www.financielle.com to download our app.Watch the podcast on YouTube.Follow Financielle for more:▶︎ TikTok▶︎ InstagramAbout Financielle:Financielle is a female focussed finance app helping women to take back control of their money, ditch debt, increase savings and invest in their future.Recorded and Produced by Liverpool Podcast Studios▶︎ Web ▶︎ Instagram▶︎ LinkedIn