A rainy day fund

Idiom

A rainy day fund

Definition

A savings account that is intended to be used in times of financial difficulty or uncertainty.

Examples

I’m glad I have a rainy day fund set aside for a time like this

I need to start building my rainy day fund

Origin

The origin of this idiom is unknown, but it likely refers to the idea of saving money for a rainy day.

Faqs

How much should I save for a rainy day fund?

What types of expenses should I use my rainy day fund for?