4 Important Reasons To Have A Rainy Day Fund

rainImage Credit: Pexels

 

Saving money for a specific purpose is one thing, but you should also put some money aside into a rainy day fund. This ‘just in case’ money can come in really handy, so here are four important reasons why you should have a rainy day fund.

 

You Have Money In Case Of Emergency

 

You can look after something to perfection and take the best care possible, but eventually, things break. If you fridge, washer or car breaks, then you need to have the money to pay for it to be fixed or for a new one. Your rainy day fund can really help you out in these emergency situations. It means that you have some money dedicated to times like this and even if it doesn’t cover all of the costs, it will go a long way towards it. You can never 100% predict and know when something is going to stop working and need replacing, so it is always worth having a rainy day fund.

 

You Can Avoid Debt

 

If something does break and you don’t have any money set aside to fix or replace it, then you might need to borrow money. If you need your car to get to work, then you need to get it fixed, and it cannot wait while you scrape together the money. You can take a small loan to cover the amount, but even this comes with interest. You will be better off and more independent financially if you have saved money into a rainy day fund. While borrowing money might be an easy alternative, you will end up paying back more money than you borrowed and if you fail to make the payments, then it could further impact you and your credit score.

 

You Will Have Peace of Mind

 

Peace of mind is something that should never be underestimated. The simple fact that you know that you have put money into a rainy day fund will help you feel more relaxed and less stressed even if you don’t notice it. You won’t have to worry about what you will do if something breaks down and where the money to replace it is going to come from. This is because you will know exactly where it is coming from – your rainy day fund. If you regularly save money into your rainy day account, then you will have a peace of mind knowing that if something goes wrong, then it can be taken care off.

 

Creates A Good Saving Habit
If you don’t already have savings, then starting by making a rainy day fund is a good idea. It is small and can help you get used to the idea of saving money each month. The more you save, then better off you will be in the future. Your savings gain interest each year and will steadily grow. The same is true for your rainy day fund or any other kind of savings account. Saving money is always a good thing, and you should get into the habit of doing it.

Eqyss Conditioner and Detangling Spray

eqyssMy Harley has very dry skin. She has allergies. I have to give her medicines and also have to make sure I use Shampoos and conditioners that will condition not only her fur but her skin. I recently used Eqyss Avocado Mist Conditioner on her. Wet or dry leave on spray excellent for long hair breeds . A leave on conditioning spray that maintains the moisture balance within the hair shaft and prevents the coat from becoming dry, and damaged. Reduces shedding. Does not contain silicone, wax or synthetic polymers. Shines and conditions the coat with a unique formula that combines extracts of avocado and aloe vera. Detangles without the heaviness common in most conditioners. Anti-static and alcohol free. Continue reading →

Quality Wigs and Beauty Supplies at Black Hairspray #BlackHairspray #beauty #ad

This is a sponsored post. All opinions are my own.
remy
Looking for quality products like wigs, and beauty care products. Remy hair is an online store that offers a large selection of beauty products for everyone. They have the best prices on high quality beauty supplies. They carry wigs, weaves, hair brushes and even makeup.They have high quality wigs that come in different styles, colors and are absolutely beautiful. Regardless of what your beauty needs are you will be able to find it at remy hair. Continue reading →

Enjoy these two Holiday Drink recipes with friends and family

everclear3With the holiday here it is the time of year when families and friends get together and celebrate. When we get together I am always looking for fun and exciting new drinks for me to share with friends and family when we get together for these parties. I have found a great drink that is different then ones we have had in the past. Pomegranate Green Tea Liqour  and Holiday Road Punch both made with Everclear. It is easy to make and can be drank right away or put in mason jars to be given as gifts or just to enjoy later! This drink has the perfect mix that goes great with any holiday festivities! Continue reading →

Stocking Stuffers From GameStop #HolidayGiftGuide

stop7The holidays are here and I always at a loss of what to get for my son as a stocking stuffer. He is 11 years old and it is getting harder. I don’t like to put just candy and buying gift cards gets very exspensive. Even though he would love that. Game stop has so many great items this year that is right up his alley for stocking stuffers. Continue reading →

PIXPRO FZ34 Camera

koThis is the time of year I take the most pictures. I do take pictures all year long but, I tend to take more when the family is around. The best way to be able to capture all these great moments is with The Kodak PIXPRO FZ43. It has 4x Optical zoom. It is a 27 mm wide angle camera with 16 megapixels. The screen is 2.7”LCD. Takes High Def Videos. Also takes panorama pictures. Continue reading →

Make Soft Serve Ice cream at home

iceIce cream is a family favorite treat. We all like different flavors. I love soft serve ice cream. Now you can make soft serve ice cream at home. The Ice Cream Depot SX1000 Home Soft Serve Ice Cream Machine is quick and easy to make your favorite flavors at home. Professional-quality soft serve ice cream, frozen yogurt, sherbet and frozen beverages are now available right at home, with the Ice Cream Depot SX1000 Home Soft Serve Ice Cream Machine. Continue reading →

Fresh Scented House

vi4It is that time of year when everyone gets together. I love when people come to my house and smell the amazing fragrances in the air. When people talk about the smell of my house they are not saying it smells like dog, cooked food. They say it smells pretty. I do not like overwhelming perfume smells. The t is why I like Airwick. It is the main brand I use in my home.  Continue reading →

Stylish socks for men with over average size feet

sockSometimes it is hard to find clothes, sneakers even socks. Especially when you when you have a bigger size foot. Sneakers are special order and finding socks that not only fit but are also stylish is also hard. Well not anymore. Tallorder.com, an online fashion brand that caters to the big and tall market, providing socks for men with big feet, shoe sizes 12-20. It’s a category that has been severely underserviced – until now! Family, friends and significant others with tall men in their lives can finally gift them with an accessory that helps them express their personal style. Continue reading →