rainy day fund
Money for emergencies
A rainy day fund is money set aside for unexpected expenses or emergencies—the financial equivalent of keeping an umbrella handy.
The phrase draws on the metaphor of saving resources for when conditions turn unfavorable: We've been building up a rainy day fund in case one of us loses our job.
Governments also maintain rainy day funds to cover budget shortfalls during economic downturns.
- nest eggSaved money for later
- savings accountInterest-bearing bank holding
- savingsAccumulated money kept
- reserveSupply kept back
- financial cushionReserve funds for hardship
peace of mind · financial security · contingency · better safe than sorry · resources · piggy bank · buffer · insurance · provisions · war chest · retirement · safety net · mad money · cache · stockpile · strategic reserves · security blanket · stash
- money managementsaving, savings, budgeting, budget planning, expense tracking
- personal financesavings, income, credit, investments, bills
- family financeshousehold income, income, savings, expenses, monthly expenses
- Financial Goalsretirement, savings, investment, wealth building, budgeting
- frugalityfrugality, thrift, frugal, penny-pinching, economize
- fundsendowment, ETF, seed money
rainy day fundliving paycheck to paycheck
Earning only enough for immediate expenses
debt · financial ruin · credit card debt · insolvency · bankruptcy
rainy day fundspeculative investment
Money risked hoping for gain
investment portfolio · venture capital · margin trading · hedge fund · penny stocks
rainy day fundsplurge
Spend freely, impulsively
spending spree · squandering · retail therapy · living beyond one's means · extravagance
rain, fund, rainy, funds, raincoat, raining, rainfall, rainstorm, rained