Episode description
Having cash on hand for daily expenses is a good practice. But how much cash should you maintain? Is keeping too much cash practical? Where should you keep your money to ensure maximum growth?
Different people and companies have varied cash requirements, so there is no one-size-fits-all formula for maintaining adequate cash. However, there are best practices to keep in mind.
Join Russ, Joey, and the financial freedom coaches as they discuss the following:
-Where should you put your money to maximize growth?
-How to utilize cash to create returns that you would never have achieved without access to a pool of money
-The difference between emergency reserve and opportunity fund
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Promo Code: PODCAST
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The Infinite Banking Concept Explained by a CFP:
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Becoming Your Own Banker by Nelson Nash:
https://infinitebanking.org/what-is-infinite-banking/becoming-your-own-banker/
The Go-Giver by Bob Burg and John David Mann: