Financial Advisor Answers: How Much Cash is Too Much?

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So you've got your emergency fund settled, but you need a little extra cash on hand for upcoming expenses that AREN'T emergencies. How much is too much? On the Get Ready For The Future Show, we're answering YOUR questions! Like this one from Alicia in Bentonville:

"How much cash should I have on the side beyond the emergency fund? Thinking of sinking funds for car, home repair, vacations, etc. What’s a good rule of thumb so I'm not keeping too much cash but still have enough liquid assets to make purchases at the right time (and before retirement)?"

It's always a good idea to keep a bit of cash separate from your emergency fund, but you don't want so much that you miss out on the opportunity for it to grow!

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❓ Have your own questions? Call or text us at 501.381.5228 or email show@getreadyforthefuture.com. And catch the Get Ready For The Future Show anywhere you get your podcasts.

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