Its always a good idea to have savings tucked away for a rainy day. Emergencies such as legal or medical bills or loss of a job can all force you into 'rainy day' mode. Planning ahead can make these types of events easier to cope with. Determine how big your rainy day savings need to be by factoring in emergency spending needs and essential spending needs if your source of income is interrupted. Once you know what you'll need, put together a plan based on your current savings, monthly savings and the number of months you want to take to build your rainy day fund.
American National Bank of Texas does not provide, and is not responsible for, the product, service, or overall website content available on this website. American National Bank of Texas’s privacy policies do not apply to this website and a viewer should consult the Terms of Use on this website for further information.