What is a financial safety net?

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asked Nov 5, 2021 209k views

2 Answers

Matiasfha · Answer 1 · 2021-11-08T15:17:35+0000

A financial safety net is meant to protect you and your family, at least in part, from losing your financial security or derailing your long-term financial goals because of some unexpected event like a catastrophic illness or other personal tragedy

Wasif Kirmani · Answer 2 · 2021-11-11T13:07:41+0000

Answer:

A financial safety net is meant to protect you and your family, at least in part, from losing your financial security or derailing your long-term financial goals because of some unexpected event like a catastrophic illness or other personal tragedy.

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What is a financial safety net?

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