16 min
How Much Cash Should You Keep On Hand? The Physician's Guide To Financial Wellness
-
- Investing
Managing your cash can be a tricky balancing act. On one hand, you want to make sure you have enough for any potential near-term needs and to help you sleep well at night, while on the other hand, you don’t want to keep too much when you know you could be doing other, more productive, things with it. In this episode, we share our approach for managing cash. We cover the entire process, from figuring out how much to keep (between your emergency fund, any cash earmarked for near-term goals, and what “feels good”) to figuring out what to do with the cash you do decide to keep on hand.
Resources & People Mentioned Download our guide: The Toolkit for Optimizing Your Finances as an Employed Physician Download our guide: The Financial Checkup Connect With Trent and Andrew https://mdwmllc.com Follow on LinkedIn Follow on Facebook Subscribe to The Physician’s Guide To Financial Wellness
on Apple Podcast, Spotify, and Google Podcast
Managing your cash can be a tricky balancing act. On one hand, you want to make sure you have enough for any potential near-term needs and to help you sleep well at night, while on the other hand, you don’t want to keep too much when you know you could be doing other, more productive, things with it. In this episode, we share our approach for managing cash. We cover the entire process, from figuring out how much to keep (between your emergency fund, any cash earmarked for near-term goals, and what “feels good”) to figuring out what to do with the cash you do decide to keep on hand.
Resources & People Mentioned Download our guide: The Toolkit for Optimizing Your Finances as an Employed Physician Download our guide: The Financial Checkup Connect With Trent and Andrew https://mdwmllc.com Follow on LinkedIn Follow on Facebook Subscribe to The Physician’s Guide To Financial Wellness
on Apple Podcast, Spotify, and Google Podcast
16 min