How to create your first "financial cushion"? Strategy from MTB Bank

In life, not everything always goes according to plan, but when you have a "financial cushion" - even unexpected situations do not cause panic. This is your personal financial security, which gives you freedom of decision-making and confidence in any situation.

How to create it? Strategic steps:

• Determine the amount that will cover basic expenses for 1-3 months: rent, food, utilities.
•  Open a separate account - preferably a deposit account. When funds are not only stored, but also generate income - this is already a strategy.
•  Set aside at least 5-10% of your income every month. Regularity is more powerful than large sums at once.
•  Review your expenses. Often a financial cushion - it's not about additional income, but about competent priorities.
•  Do not use the reserve unnecessarily. It is a reserve for the unexpected, not a fund for emotional purchases.

The ideal solution for creating a "financial cushion" will be a "Term" deposit from MTB Bank:

✔ Up to 16.9% per annum in hryvnia
✔ Monthly interest payment
✔ Minimum amount — from 2000 UAH
✔ Term — from 1 to 12 months

With MTB Bank, your financial cushion: is reliably stored and gradually grows.