ECONOMICS
BUDGETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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emergencies
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your future
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the unexpected
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the unknown
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Detailed explanation-1: -to save some of your money in case there are serious problems in the future.
Detailed explanation-2: -The idea of “saving for the rainy days”, is a reminder to “put something” aside for a future time of need or setting aside some funds to cater for needs when your account balance may not be sufficient at a later date.
Detailed explanation-3: -It turns out saving for a rainy day just means saving up money for a time when things are bad and you’ll need more money. For example, if your favorite toy breaks (a rainy day, right?) extra money to buy a new one would be pretty nice.
Detailed explanation-4: -This expression can be traced back to the mid 16th century in Britain. Its first known use is in a play, The Bugbears, first performed in or around 1561: “Wold he haue me kepe nothing against a raynye day?” (would he have me keep nothing for a rainy day?)