Sentences with phrase «called rainy day funds»
Emergency funds — sometimes called rainy day funds — are savings accounts that you set up and set aside specifically to help you when emergencies happen.
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A debate is unfolding about use of the so - called rainy day fund to plug part of the hole — as a way of restoring some of the social service cuts.
Some call it a rainy day fund.
Not exact matches
«I like to call my Ally savings account my «rainy day fund» because it is easy to maintain and it seems secure and safe,» said one reviewer.
The budget that Connecticut lawmakers passed last year included a so - called volatility cap that requires any income tax revenue received above $ 3.1 billion be set aside for the rainy day fund.
The report also calls for accounting reforms similar to those Ravitch suggested to New York lawmakers during the Paterson administration, such as multiyear budgeting and robust rainy - day reserve funds.
The delay of $ 750 million will be combined with short - term borrowing of $ 250 million from a series of other state accounts — including the so - called «rainy - day fund,» a step that critics have previously said Paterson should take to avert budget cuts.
In Texas, Nielsen - Gammon said, the drought lasted long enough compared to the legislative cycle that lawmakers took money from a fund «paradoxically called the «rainy day fund»» to pay for new reservoirs, treatment facilities, conservation promotion and the like.
Special session update: The Advocate reports Republican leaders in the House have moved forward with a deficit - closing plan that would make deeper cuts than Gov. John Bel Edwards has called for while relying less on the state's rainy day fund.
Good Morning Special session update: The Advocate reports Republican leaders in the House have moved forward with a deficit - closing plan that would make deeper cuts than Gov. John Bel Edwards has called for while relying less on the state's rainy day fund.
Call it what you will — emergency fund, rainy day fund, cash reserves, buffer account — the purpose is the same.
Call 844-345-5789 or open an account today to get started saving for your rainy day fund today.
The so called «rainy day» fund is money you hope you'll never have to spend but preparing for the unknown helps to soften the financial sting for life's unexpected moments.