Financial Cushion

Finance

Quick Definition

A Financial Cushion is a reserve of money or assets kept aside to handle unexpected expenses or financial emergencies.

Detailed Explanation

A Financial Cushion acts as a safety net, helping individuals or businesses manage sudden financial shocks such as job loss, medical emergencies, or income disruptions.

It usually consists of cash, savings accounts, or liquid investments that can be accessed quickly without significant loss.

Where Financial Cushion is Used

  • Personal finance (emergency fund)
  • Business cash reserves
  • Investment risk management

Why Financial Cushion Matters

  • Provides financial security
  • Prevents borrowing during emergencies
  • Reduces financial stress
  • Supports long-term planning

How Much to Keep

👉 Typically 3 to 6 months of expenses for individuals

Best Places to Keep Financial Cushion

  • Savings account
  • Liquid mutual funds
  • Short-term deposits

Example

"An individual keeps ₹2 lakh in a savings account to cover 4 months of expenses—this is a financial cushion."

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