Think of a rainy day fund as savings to handle minor inconveniences and unexpected costs. Like the name implies, it’s intended to help you weather the small challenges life throws at you.

The basic rationale for adding resources to endowment rather than using them to achieve these immediate goals is simple: to save for a rainy day when revenue falls sharply. The principal motive for ...

Example: The surgery was expensive, but luckily, I could pay for it with the money I’ve been saving for a rainy day. Meaning: used to warn someone to be careful of how much they spend because ...

Household savings hit a new record high at the end of last year as cautious consumers worried about political and economic uncertainty. Total deposits held by major high street lenders climbed to ...

You can also mix and match these strategies to make the task of saving more manageable and potentially meet your goal sooner. Put your rainy-day fund in a liquid account — for example ...

Parliament's Finance Select Committee is currently seeking feedback on whether the Reserve Bank's capital requirements for banks should be changed.

The U.S. savings rate rose in February for the second straight month, suggesting that Americans are rebuilding their rainy-day funds after the holiday shopping season. The savings rate rose to 4.6% ...

We asked respondents questions about their financial well-being, including if they have an emergency savings fund ... 42% of Americans don't have a rainy day fund, especially when you consider ...

He said borrowing from the state’s savings account would prevent cuts ... or 1.7 billion, sitting in a rainy day fund while people are going hungry because we made cuts that we didn't have ...