Thursday, April 5, 2018

How to Set Aside Extra Funds for a Rainy Day

If you’re looking to do something on a rainy day, you’re going to need some extra money to do so. Fortunately, there are plenty of ways you can set aside money for a rainy day. Here are some of the best ways you can start putting away extra funds today!

Swear Jar

One of the easiest ways you can set aside money for a rainy day is by establishing a swear jar for the family. The premise is pretty simple, every time someone swears, they put a quarter in the jar. 

Depending on what kind of family you have, the next rainy day you spend together can be a lot of fun not that you have some extra funds to spend.

Savings Account

Another popular way of setting aside some extra funds for a rainy day is to set up an additional savings account at your bank. Simply put two to three percent of your paycheck into this account and watch your funds grow. 

This is a great way to keep your cash untouched until the next rainy day. By the time the next rainy day comes, you’ll have plenty of money to spend with your family or significant other.

Pawn Your Gold Jewelry

One way to add a little bit of cash to your rainy day fund is by pawning your gold jewelry. If you have broken pieces of jewelry or things that you don’t wear anymore, there is no point in keeping them around your home. 

Instead, head down to your local pawn shop and sell them. Alternatively, if you need some quick cash, you can pawn jewelry in your home and return for it later on.

Searching for Change

Another great way to find extra cash for a rainy day is by checking for loose change around your home and in your car. You can likely find some lost money in between your couch cushions, under the bed, in your car’s glove compartment, and more. 

You may even find an old piggy bank that you had forgotten about. You never know how much cash you will come across!

Rainy days can feel pretty glum, but they can get a whole lot better when you have extra funds to spend. Hopefully, with the help of the examples above, you can get a better idea of how you can set rainy day funds aside and enjoy the day off, even if it is downpouring outside.

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