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Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

How Much Cash Do I Need On Hand?

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

Ari Taublieb, CFP®, MBA

Retirement Planning, Save On Taxes, Careers, Personal Finance, Retirement, How To Retire, Business, Real Estate Investing, Investing, Stock Investing, Early Retirement, Entrepreneurship

4.7585 Ratings

🗓️ 31 January 2022

⏱️ 8 minutes

🧾️ Download transcript

Summary

Our topic on this episode of the Personal Finance Redefined podcast is about how much cash you need to have at all times. What amount of cash is too much cash? How much cash should I have at all times? I'm on YouTube! Check out the page here for more content like this. Planning Points Discussed Retirement PlanningCapital AppreciationPurchasing PowerOther issues (Roth IRAs, Inflation, Financial Goals, etc.)Interested In Working With Ari? Schedule Your Free Consultation Call Here Let's Conn...

Transcript

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0:00.0

Finance can be so confusing and overwhelming.

0:06.0

Learn the tips and strategies so you can accomplish your financial goals.

0:10.0

Let's break it all down so it's simple and easy to understand.

0:14.0

If you know me by now and you've been listening to the pod for a while,

0:17.0

you'll know I love examples as it's my favorite way to learn.

0:20.0

Please, as always, leave a

0:21.6

review, give it five stars if you found that it has been helpful. And that's it for me. Enough

0:26.5

rambling. Let's get to the episode. Welcome back to another episode of the Personal Finance

0:37.3

Redefined podcast.

0:38.3

If you've been enjoying it, please do rate and review it.

0:41.3

And today's episode is going to be all about emergency funds.

0:44.3

So maybe not the sexiest thing to talk about, but here's why it's important.

0:48.3

With an emergency fund, cash is one of those things that people say,

0:52.3

Ari, if I have too much cash, I just feel like it's not growing for me.

0:55.3

And Ari, if I don't have enough, I just can't sleep at night.

0:58.3

So today's about exploring the balance and what we can do as investors

1:02.6

and really as financial professionals in ourselves to say,

1:06.2

okay, what can we do to make sure we're optimizing

1:08.5

all of the hard work we're doing when it's earning money,

1:11.3

maybe it's certain business deals, whatever you're doing in life, it's not one of those things

1:16.4

where it's, hey, this is a have to. It's more of can we make sure that we're optimizing every

1:21.4

little thing in our lives? That way we can ultimately fulfill what's most important to us.

...

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