Lifestyle

A List of Things You Could Spend Your Rainy Day Fund On

A List of Things You Could Spend Your Rainy Day Fund On

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These days the rainy day fund is even more important than it ever has been. As the cost of living continues to increase it’s becoming more and more difficult to cover expenses. So, you need to make sure you do whatever you can to spend this money on something that’s going to help you. Sure, you might splash out on a family holiday at the end of the year, and that’s likely to be well-needed. But, there are other important things you might also think about spending the money on as well.

Home Improvements

We would all love to be in a position to make home improvements. But, the fact of the matter is that they all cost money to do. And we can’t always afford to do the things that we want or need to do. That’s why you should spend your rainy day fund on getting these home improvements done. This is basically what you earmarked it for anyway so it’s time to take action and get the ball rolling. Visit George Hill timber merchants and stock up on wood, then go to the hardware store and get tools. You might also want to pay experts to come in and do projects for you. So, this is all stuff that you can and should use your rainy day fund for.

A Car

You will get to the stage eventually where you’re going to need to trade your car in and replace it with another one. Again, this can be a big step, and is often expensive. So, the rainy day fund presents you with a great opportunity to do this that you otherwise would not have had. That’s why it’s so good to have that money to fall back on. If you have amassed a decent rainy day fund, then you need to make sure you take action now. This is the perfect occasion to get a new car without feeling the financial effects too badly.

Start Planning Your Wedding

If you have been thinking about marriage for a while, then it’s time to take action. The problem a lot of people have with weddings is how expensive they end up being. Everything is a cost when you’re trying to sort a wedding out. And that means you need to try to put yourself in the best possible financial position before you start. And that’s why the rainy day fund comes in so useful for wannabe brides. Okay, you may not be able to pay off the entire wedding with your rainy day fund. But, you will certainly be able to get the ball rolling by booking a venue, and that matters a lot.

The rainy day fund is essential for so many people these days. It’s the perfect financial safety net, and a lot of us are thankful we have it. If you don’t have a rainy day fund, then this is something you need to rectify right away. There are so many advantages to having one, and you will be able to spend it on something important and worthwhile.

Naomi Isted
Editor in Chief, Naomi Isted is known as The Ultimate Lifestylist to her readers and viewers. She is a TV Presenter and Columnist. Ranked in the Top 100 LFW Social Media Influencers AW14 & SS15, Brand Ambassador for Pears Soap UK. Her Celebrity beauty TV Series currently airs to 27million homes on Physique TV in UAE, previously on Wedding TV in the UK. She brings fashion and beauty advice to her readers and viewers on a daily basis. She is Fashion and Beauty Columnist for Herald Scotland and has a Fashion and Beauty Bridal Blog for HELLO. She can usually be found attending celebrity fashion and beauty events in and around London and sharing the latest fashion and beauty trends with her readers.

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