Record - high world debt stocks make various economic actors more vulnerable, motivating greater
savings as a buffer against future shocks.
Not exact matches
«Every little bit you can squirrel away in a
savings account acts
as a
buffer.»
As savings buffers are eroded, resilience weakened and relationships tested, families need to be given the tools to regain control over their futures.
Standard precautionary
savings theory says that a country dependent on a resource with a volatile price needs a form of insurance
as a
buffer.
When in 2015 oil prices went even
as low
as between 28 and 35 dollars a barrel and oil production fell to less than one million barrels a day we had no
buffer, no
savings, to tide us through.
Some already mentioned that you could pay with your
savings and use the credit card
as an emergency
buffer.
For example, if you had $ 500 in your checking account and $ 3000 in your
savings account and you were convinced that consolidating these two accounts would make your life easier, then you could simply combine the accounts and carry the $ 500 in your checking account balance knowing that you still had an additional $ 3000
buffer in the account
as well.
It is also prudent to keep some funds in your
savings for at least 3 months of mortgage and property taxes
as a
buffer.
He and Yvonne are not
as concerned with
buffering her retirement
savings.