Government funding is short duration by nature because of the annual appropriations process, and lack of any restraint — little in
the way of rainy day funds — a presumption of prosperity in budgeting.
Not exact matches
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.
To help you in boosting your
rainy day fund, I have assembled a list
of ways to free up cash now to expedite your emergency preparedness.
If you have enough to increase your
rainy day fund periodically (not necessarily each month), an indirect but prudent
way of increasing your
rainy day fund is to put that extra money toward paying down your debt.
You can use it in two
ways: (a) to track how much you manage to put away each month in light
of your current spending and adjust accordingly or (b) to pay yourself first by automatically allocating some
of your take - home pay to a
rainy day fund.