Rainy day Fund

Idiom

Rainy day Fund

Definition

A Rainy Day Fund is a sum of money set aside for emergency or unexpected expenses.

Examples

I’m trying to save for a Rainy Day Fund in case I lose my job.

My parents taught me to always keep a Rainy Day Fund around for a rainy day.

Origin

The phrase ‘Rainy Day Fund’ dates back to the 18th century and was used to describe a reserve fund of money set aside for unexpected expenses.

FAQs

What is a Rainy Day Fund?

A Rainy Day Fund is a sum of money set aside for emergency or unexpected expenses.

How do I start a Rainy Day Fund?

You can start a Rainy Day Fund by setting aside a small amount of money each month towards your emergency fund.