4 Benefits of Having a Financial Cushion

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Two years ago, it was solidified that life really can be unpredictable. In a matter of a week, the world turned upside down because of a pandemic. No one knew what would happen next—especially when it came to the security of their livelihood.

This was a great example of why it is always important to have a financial cushion.

Even if everything in life seems to be going great, there is never a guarantee that it is going to be okay the next day. In a matter of moments, your world can spin upside down and rock your finances to its core.

From sickness to natural disaster, you want to ensure that you have more than enough reserved to help you out should times get tough.

But what most people do not realize is that by simply learning how to get free money on a cash app, you can quickly grow your financial cushion without having to do that much.

How Much to Have in Your Financial Cushion

When it comes to saving, how much do you need to have set aside for it to be cushion enough? It really depends, but at a minimum, you want to ensure that you have more than enough to ensure you do not overdraft your checking account.

If this happens, you can end up being charged fines for going into a negative balance. This makes matters even worse because then it can feel impossible to ever catch up. So the golden rule should be that no matter what you have the minimum needed in your bank account to prevent overdraft charges from happening.

Every person’s financial cushion will be different and largely depends on their individual situation. So you should calculate your financial cushion in accordance with your current income, debt, and day-to-day expenses. From there, you can best estimate those one-off costs you will need to cover.

The Top Benefits of a Financial Cushion

Once you have accrued enough to have a solid financial cushion, you can then enjoy the many benefits that come with it. Here are a few to get you excited about all the reasons why you should start saving now.

1. Makes Emergencies Less Stressful

First, when you have a financial cushion to lean on and an emergency happens, it makes the scenario you are facing a little bit less stressful. Knowing that you have the money to get you out of a tricky situation is only going to further help you move on from it faster. Plus, dealing with emergencies is never fun, especially when they can be a matter of life or death. So at least your financial cushion will allow you to have one less thing to deal with in a time of crisis.

2. Supports You During Career Shifts

Sometimes you just need a change of pace with your career. Or, you lose your job unexpectedly. But regardless of why you stop working, it can be stressful to all of a sudden not to have a steady income flow into your checking account.

If you don’t know how to get free money on the cash app, then you are truly missing out on a great way to protect yourself against a sudden job loss. By having accrued free money in your savings, you will be able to navigate your way through your career change and ensure that you can still provide for yourself and your family during these challenging times.

3. Lets Dream Holidays Happen

It is easy to put off splurging on yourself when you are living paycheck to paycheck. But when you are able to learn how to get free money on the cash app and start building up your financial cushion, then you will be able to actually make that dream holiday happen. In fact, it can happen sooner than you might expect.

The last thing you want to happen over a holiday is that you go into debt from it. This is why instead it is great to save up first for that holiday and then be able to enjoy it guilt-free, knowing you will go back to reality without any added financial stress either.

4. Gives You Freedom

When you have a financial cushion built up, one of the biggest benefits to experience is perhaps the fact that you have financial freedom. This means that you won’t have to think twice about paying for what needs to be paid for and can actually live your dream life. You work hard for your money, so you should get to enjoy the benefits of having it too.


These four benefits should be enough alone to convince you to learn how to get free money on the cash app and other ways to start saving. With so much to gain from having a financial cushion, don’t delay in growing yours today.


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