Ep 13: Pros and Cons of Having More Cash on Hand
Wealthy Habits Podcast
English - September 03, 2020 09:00 - 16 minutes - 24.2 MBInvesting Business News Business News 401k finance ira iowa retire advisor daveelizondo druekampmann financial money Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Ep 12: Will Vs. Trust: What’s Right for Me?
Next Episode: Ep 14: Are You Getting Lost on the Way to Retirement?
Everybody likes to have cash, but is there a time when it’s good or bad? Dave and Drue explain the pros and cons of having more cash on hand.
Read more and get additional financial resources here: https://www.truefinancialpartners.com/ep-13-pros-and-cons-of-having-more-cash-on-hand/
What we discuss on this episode:
2:30 – Good reasons to have cash on hand
5:07 – How much cash should I have?
6:05 – Why it’s counterproductive to have more cash on hand
7:24 – Having cash gives you security
8:39 – Money not working for you
11:13 – Ways you can invest money