How Much Cash Should You Have?

Posted by

Tom Stadum

As a third-generation financial advisor, Tom Stadum carries on the tradition of his grandfather and father by delivering comprehensive financial plans, prudent investment strategies, and timely service.

January 28, 2023

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“While macroeconomic and geopolitical uncertainty persists, consumer spending has been remarkably resilient.”

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A Suggestion

There is a correct amount of cash to have. Not too little but not too much. Your cash position is indicative of not only your income and savings ability but also the effectiveness and efficiency of your personal financial infrastructure. Yes, there is a time and place to have high cash allocations, but for most people and for most of history, it’s best to have an efficient and automated tool to deploy your cash into faster growing assets. We discussed this recently on our podcast.

What To Do With Extra Cash?

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