Back to Basics – Rainy Day Fund

Last week we talked about saving and how important it is to your overall financial health. This week we’re still talking saving but we’re getting more specific. Since you may need to save for so many different things (retirement, wedding, vacations, big purchases, house down payment, etc) it helps be as specific as possible when talking about saving. First up is your rainy day fund.

A rainy day fund is for small to medium expenses that pop up unexpectedly. For our tips on how much, where to keep it, and how it actually saves you money keep reading the full story here.