Sentences with phrase «financial buffer»

The phrase "financial buffer" refers to having some extra money or savings set aside for unexpected expenses or emergencies. It acts as a cushion to help you when sudden financial needs arise and helps you avoid going into debt or facing financial difficulties. Full definition
It is apt to get a critical illness cover as a second financial buffer after your family health plan or basic health insurance plan.
Same reason an emergency fund is important: insurance provides a crucial financial buffer between you and all of the terrible events that life can throw at you.
Do you have the funds to support your venture until that is likely, plus a significant financial buffer?
This will give you a nice financial buffer when the child is born.
Building financial buffers and legacies for others is a pursuit, and perhaps a noble one.
Despite the risks to the debt burden, Moody's baseline scenario is that the debt - to - GDP will remain below 60 %, mitigated by the strong nominal GDP growth due to high inflation and the existence of government financial buffers (around 14 % of GDP).
Downward pressure would be exerted on the rating if (1) there is a significant deterioration in the government's balance sheet (2) a substantial erosion of official financial buffers that undermines confidence in the country's external stability; (3) the manifestation of significant political and / or social tensions that could hinder the country's medium - term growth prospects beyond Moody's current expectations.
However, I would caution against any suggestion that this similarity regarding the build - up of financial buffers means that the tightening of lending standards for interest - only loans was not warranted — far from it.
Before Kendrick even had plans to grow her business, she kept her costs low to ensure that she could build a personal financial buffer.
The researchers construed this finding as highlighting «the importance of holding a minimal financial buffer, but also the relative unimportance of having wealth above sufficiency levels.»
From You (Via Surcharges): For merchants to run their businesses, continue to offer customers the use of their preferred credit cards, and save themselves from incurring the entire 2 % interchange fee from credit card companies, they built in their own financial buffer in the form of a surcharge.
Despite the growth of my online revenue and passive income streams, I still felt I lacked another financial buffer to feel absolutely secure.
-LSB-...] the growth of my online revenue and passive income streams, I still felt I lacked another financial buffer to feel absolutely secure.
My goal is to create financial buffers for my financial buffers.
Above all, you need to have a financial buffer that leaves you feeling empowered and at peace with your decision.
Wealth Building Recommendation: One of the best ways to become financially independent and track your financial buffers is by signing up with Personal Capital.
Financial planning is about having a financial buffer.
Hopefully, despite the financial buffer from ebook profits, publishers are quietly and determinedly beginning to restructure for a leaner future rather than using this short term windfall to delay making changes.
She worries constantly about her family's lack of a financial buffer.
This would leave you without a financial buffer for emergencies.
In addition, if something happens at home or a medical situation occurs, the emergency fund will be there to give you a financial buffer if you need it.
Many financial analysts believe that you should use your savings account to grow a financial buffer that is equal to 3 - 6 months of your living expenses, and once you have achieved this goal, you should look for an investment account, which will allow you to generate higher returns.
All of these can be used to answer the question of creating a financial buffer each month so you are not scrambling to make ends meet let alone save 2 % of your income.
Buying a life insurance policy now gives your family a financial buffer against the worst - case scenario.
A financially disciplined person knows that it's never too early to start saving to have a financial buffer for the future.
This can make life much easier on the surviving spouse by providing a financial buffer after the loved one dies.
But some businesses just want a financial buffer.
«A financial buffer is an important part of a financial plan,» said Lunny.
According to the Manulife survey, 40 % of homeowners have difficulty managing common expenses associated with home ownership, let alone creating a financial buffer (commonly referred to as a «rainy - day fund» or «emergency savings»).
In human medicine, health insurance provides the patient with a financial buffer so that it isn't always obvious exactly how costly medical care has become for people.
Make sure to have a bit of a financial buffer put away so you don't balk at the bar bill from a brilliant night when it comes to paying your fair share.
A financially disciplined person knows that it's never too early to start saving to have a financial buffer for the future.
Take the steps now to bolster your savings surplus and create a financial buffer whether you retire at 65 or 105.
Building a financial buffer may be difficult during lean months, but can at least avoid dipping into what you have saved with a little planning in place.
Some investment - cum - saving plans are ULIPs, endowment policy and money back plans — along with death benefits, such plans also provide periodic returns that serve as a financial buffer during a crisis or to finance key life events (marriage, education, etc.)
You might even be thinking of extending your life insurance a few years beyond your retirement to give you a financial buffer zone.
This can make life much easier on the surviving spouse by providing a financial buffer after the loved one dies.
The types of life insurance policies that parents may purchase to make their children beneficiaries may include much larger sums that will provide a financial buffer or nest egg.
Term insurance functions like a financial buffer for your family's financial security and protection, especially if something untoward were... read more
Term insurance functions like a financial buffer for your family's financial security and protection, especially if something untoward were to happen to you.
It is imperative to have a life insurance policy with an adequate sum insured so that it can replace the lost income and function as a financial buffer for the policyholder's family in the event of his / her demise.
With an emergency fund stashed away, you'll have a financial buffer between you and all of these unfortunate events.
These minimums are designed to act as a financial buffer for drivers, but keep in mind that they are oftentimes not enough.
While in no way negating the coverage that applies specifically to items within your decommissioned apartment, this particular element of Boystown renters insurance is designed to provide a financial buffer to you and any loved ones who live with you if you are temporarily displaced.
People with high - risk hobbies may also find that their insurance costs are prohibitively expensive, but that an AD&D policy might assume some of this risk and give them a financial buffer to count on in case of an accident.
Conway car insurance serves as a financial buffer and safety net when something goes wrong.
In other words, the deposits would act as a financial buffer for both the hosts listing on Bee Token's Beenest platform as well as well as guests.
While this provides a financial buffer should the interest rates rise even higher than expected, it also shaves thousands of rands and off the bond repayment amount and years off the repayment term.
This will give you the financial buffer you need so that you don't feel the pressure to push every deal through, regardless of whether it's in the best interest of your clients.
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