Definition of «financial security»

Financial security refers to having enough money and resources to provide for one's needs, goals or aspirations. It means being able to cover expenses such as housing, food, utilities, transportation, healthcare, education, savings, investments, and retirement without worrying about running out of funds or falling into debt. Financial security also encompasses having a safety net in case of unexpected emergencies or financial setbacks such as job loss, illness, or natural disasters. It is the peace of mind that comes from knowing one's financial situation is stable and under control, allowing for freedom to pursue other goals and aspirations without worrying about money.

Sentences with «financial security»

  • The easy accessibility enables everyone to find the adequate amount of Life insurance required for financial security of their loved one's. (pnbmetlife.com)
  • • It offers an inexpensive method of providing financial security for your domestic servants. (tomorrowmakers.com)
  • A good policy can provide financial security in case your home is damaged. (trustedchoice.com)
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