Sentences with phrase «larger rainy day fund»

These methods also assume that you've taken care of your more expensive debt payments, otherwise I'd advocate paying them down first before building a larger rainy day fund.

One additional fact to consider: you need a larger rainy day fund in case of disaster if your house payments are larger than your rent payment (and you can much more easily move to a cheaper apartment than a cheaper house)

Not exact matches

The central bank's foreign reserves have dropped by $ 36bn, or 5 per cent, over the past two months, as newly crowned King Salman bin Abdulaziz Al Saud dips into Riyadh's rainy - day fund and increases domestic borrowing to fund public - sector salaries and large development projects.

While there is currently no consensus on how large a state rainy day fund should aim to be, bonding agencies and state budget officials generally target 5 percent as the appropriate amount.

As with last year's budget cycle, de Blasio has tried to ensure that city agencies are creating larger savings and reserve funds are being set aside for rainy day spending.

Once you are back on your feet, start saving up for a rainy day — a large enough emergency fund can help avoid many of these situations.

However, Universal Life is more flexible than whole life, allowing the premium and face amount to change.This can be advantageous if you have either limited funds and you can not make a large premium payment or you have excess funds and you want to store up some additional cash value in your policy for a «rainy day».