We were having Easter brunch after church and a friend revealed that she was struggling to pay all of her bills. She recently went to the mechanic and was told her car needed hundreds of dollars in repairs and had not planned to spend that kind of money on fixing it.

She was looking for a second job and had recently signed up for a class hoping to advance her career. After hearing about her concerns, I wondered how many of us were saving for a rainy day.

According to Market Watch, most Americans have less than $1,000 in their savings account, and over 20% don’t even have a savings account.

Debt often is more than just a financial burden. Debt can cause emotional and physical burdens due to stress. It has the ability to overshadow our accomplishments, goals and dreams. Like a cloud, we often find our selves looking for ways to run from it, or hide as it approaches.

Much like a rainy day, it too will pass.

My God shall supply all your need according to his riches in glory by Christ Jesus. Philippians 4:19

There are steps we can take to overcome a rainy day. One such step is to live within our means. To buy what we need and not what we want. Doing so forces us to be obedient, to be accountable to ourselves and our family members. It also forces us to not put our focus on our finances, but rather on God.

Being consistent about saving means putting aside money regularly for that rainy day. This might include setting a savings account with direct deposit, moving a certain amount monthly into our savings account, or setting a percentage of our paycheck for savings.

Saving for a rainy day also reminds us that God is our supplier, that the money we have, our job, our home all belongs to God. It builds our faith by reminding us that God is our umbrella on a rainy day. That it is because of him that we are able to save for days when our car needs repairs or our home needs an upgrade.

We Want to Know:

Are you saving for a rainy day?

If so, how are you able to save?