Homemade Quotes

“A rainy day” has been used as a metaphor for hard times or times of misfortune. Prudent people have been quoted to be saving for rainy days by putting money away in anticipation of such times. 

If you don't have savings, paying for these kinds of unexpected expenses may be difficult to manage. Having money set aside for a rainy day (an unexpected expense) can help you avoid borrowing money.

A rainy day fund is savings that are generally also for expected, occasional expenses — events and things that you don't necessarily account for in your monthly budget but that are expected to happen over time. This list can include occasional expenses such as minor car repairs, routine medical expenses, and home maintenance.

People who are one-day millionaires and men who splurge money like there is no tomorrow abhor the "saving for a rainy day mentality". They want to enjoy their financial freedom and the joys money can give.

Saving for a rainy day is not what you earned this payday. It is the money you placed in your piggy bank and the vow not to touch the hard-earned money until it is necessary.