The Rainy Day Sinking Fund Chart is here to act as the middleman between your spending plan and emergency fund. Sinking Fund Charts help you get there!
Rainy Day Sinking Fund Chart
Rainy Days equal a dark sky, rain, and no desire to do anything but curl up on the couch with a warm blanket and a good book.
A Sunny Day energizes you. The day is long and your motivation high.
Oftentimes, we will use the abundance of motivation we have on the sunny days to prepare for the rainy days.
Here, in the Pacific Northwest, we cherish the sunny days. Those are the days we get the yard work done, wash the cars, hike, bike, and get out and have fun.
We are sure to enjoy the sunny days because we know the rain will come.
How does that relate to money?
When things are going well and you have more than enough, save it for a rainy day when things are a little tough. Hey! That rhymed!
Many people think of a Rainy Day Fund the same as an Emergency Fund.
I like to think of it as the Emergency Fund’s younger sibling.
It’s the fund you can go to when something pops up unexpectedly. Like you lose your glasses or get a ticket from one of those cool cameras at popular intersections … ahem.
I don’t know about you but it really bothers me to have to dip into the Emergency Fund. A Rainy Day Fund? It’s like the middleman. The fund that ebbs and flows.
Rainy Day Sinking Fund Chart Supplies
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How To Use The Rainy Day Sinking Fund Chart
- Gain access to the Rainy Day Sinking Fund Chart below! When you print, I suggest using Card Stock for durability.
- Determine how much you want to save for a Rainy Day and write it on the Goal line.
- Record the date you would like to have your Rainy Day Fund fully funded.
- Divide your saving goal by 10.
- Write each increment on the lines shooting off the graphic with the smallest on the bottom. If you plan to save $2,000, you would write $200 on the bottom line, $400 on the next line, etc.
- As you save, color in the lines! Each increment consists of 10 lines to fill in. If you plan to save $2,000 and each increment represents $200, each line would represent $20. For every $20 you save, color in a line.
- Make a Rainy Day a part of your monthly budget! If you plan to save $2,000 and you want to save it in 10 months, you need to incorporate $200 a month into your spending plan.
The Rainy Day Fund is the fund that keeps you free from stress over the unexpected little stuff because … you got it covered … get it? Covered like an umbrella covers … hey, I tried!
More Sinking Fund Charts
Sinking Fund Envelopes
Gain access to the Rainy Day Sinking Fund Chart here!