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Often that can be hard to do, and many times a family's rainy day fund just isn't enough.
They've also looked at creating a state rainy day fund.
But he left Massachusetts with a rainy day fund of $2 billion.
Is that a good idea - using up my entire rainy day fund all at once?
But critics of the budget have called for using the $9.7 billion rainy day fund.
States should also strengthen and make better use of their rainy day funds.
County officials also surprised council members by saying they will use $102 million from the county's rainy day fund this year.
Most of the surplus, however, will go into a rainy day fund.
This has some questioning the very point of having a rainy day fund.
"The rainy day fund was put in place specifically for this kind of event."
Virginia has a billion dollars they're putting in a rainy day fund.
The school has also been allowed to dip into its rainy day fund by the state she said.
"I'm not saying we should never use the rainy day fund.
And any excess revenue goes into the rainy day fund.
This strategy would have cost the state about $22 million, which could easily be covered by the rainy day fund.
But several months ago, with her rainy day fund depleted, she called the bank.
"Our rainy day fund says it can only be used to pay off past deficits," the Republican leader said.
"We set aside a lot of money in rainy day funds.
So you should definitely find a place a little under affordable - or start a rainy day fund.
Five states don't have rainy day funds at all.
Brown also wants a $1 billion rainy day fund.
She proposes keeping $750 million in the state's rainy day fund should the economy bottom out.
The plan calls for a $300 billion rainy day fund and the elimination of the national debt.
I gave you everything but my rainy day fund.
How could that additional revenue not get put aside in a rainy day fund?