Cash Money
Making Margin
English - December 27, 2019 16:21 - 30 minutes - 27.8 MB - ★★★★★ - 11 ratingsInvesting Business Management making finance margin wealth freedom money peace wealth management making margin budgets Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Never Retire
Next Episode: Pre-Marital Financial Planning - Part 1
Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.
Meet the voices behind Making Margin:
NickAllie JeffDrewToday’s topic is all about cash:
What’s the right amount to hold?Where should it be held?What should I do if I have too much?What should I do if I don’t have enough?What’s the difference between saving and investing?How come so few people know this stuff?Take Away:
Hold about 3-6 months of living expenses in a high yield savings account as an emergency fund, any
References:
https://www.cnbc.com/2019/01/23/most-americans-dont-have-the-savings-to-cover-a-1000-emergency.html
https://www.bankrate.com/banking/savings/financial-security-january-2019/