To help you understand the importance

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Call 7 495 6376516 weekdays from 900 to 1800. What is a financial safety cushion? A financial safety cushion is not just a bunch of money hidden under a mattress or somewhere else. It is protection against unforeseen situations loss of income, medical expenses, urgent repairs, etc. An untouchable amount that will help you cope with a difficult period. Ad jois 2. JOIS 26 . 0 0 ! 15. . Ad 16 proflearnonline YouTube 1000 ? YouTube ! Think of a pillow as a reliable shock absorber that softens the blows of life and gives you the opportunity to make.

Sound financial decisions. An important part of a financial safety cushion is its liquidity, i.e. the ability to quickly convert assets into money. It should always be ready for use. In the event of a loss of basic income or indonesia telegram mobile phone number list a sharp decline, such a measure covers expenses on food, clothing, housing, medicine, transportation and other basic needs. Thus, as an example, we can cite a young entrepreneur who found himself in a crisis situation due to a sharp change in market conditions and subsequent difficulties with his startup, but was able to get out thanks to a financial reserve..

Or a young family, who, with the help of such a safety cushion, coped with sudden medical expenses without resorting to loans and without spending their monthly budget. Useful information about the financial safety cushion of a financial safety cushion, we have compiled useful information about it into one table. Heres what you need to know about this strategic reserve. Liquidity of funds The cushion should include liquid assets savings accounts or shortterm investments. Pillow size depending on circumstances The size of the financial cushion should be adapted to the life situation. If you.

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