"Save It for a Rainy Day" is a song by American singer/songwriter Stephen Bishop.

The song was the first of two hit singles from his debut album, Careless.

It features a guitar solo by Eric Clapton and Chaka Khan on backing vocals toward the close of the song.

"Save It for a Rainy Day" peaked at number 22 on the U.S.

Billboard Hot 100[1] and number 21 on the Cash Box Top 100.