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What does “a rainy day fund” mean?
Meaning, example sentence and a quick practice question.
B2
Money saved for emergencies or unexpected expenses
“We keep a small rainy day fund in a separate account.”
From the B2 lesson Tightening the Belt (money idioms).
Quick check
What does “a rainy day fund” mean?
Teaching this phrase?“a rainy day fund” is part of a ready-to-teach lesson, with a reading, three exercises, speaking tasks and an answer key, in Everyday English Chunks B2 Pack 3 (Money, Food, Work and Travel).
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Related phrases
- tighten your beltto spend less money than before, usually because you have to
- be strapped for cashto have very little money available
- cost a fortuneto be very expensive
- break the bankto cost more money than you can really afford
- pay through the nose for (something)to pay much more for something than it's really worth
- money doesn't grow on treessaid to remind someone that money is limited and shouldn't be wasted
- penny-pinchingbeing extremely careful, sometimes excessively so, with money
- every penny countssaid when even small amounts of money matter
- be in the redto owe money; to have spent more than you have