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Wealthy Habits Podcast

Are there some important financial questions and considerations that you've overlooked? On this show, we want to come alongside your financial and retirement journey to help you answer those questions and experience financial success.


Dave Elizondo and Drue Kampmann are Co-Founders of True Financial Partners, serving the Quad Cities. Their goal is to provide you with great information and education to help you retire with security and comfort.

As you get closer to retirement, the money choices you make become more and more critical. So make sure you're getting proper guidance and help along the way. On the Wealthy Habits Podcast, we'll cover things like social security, taxes, income planning, investments and so much more.


Reach out if you have any questions at https://www.truefinancialpartners.com/ or by calling 563-359-8783.

  1. All Episodes
  2. Ep 13: Pros and Cons of Having More Cash on Hand

Ep 13: Pros and Cons of Having More Cash on Hand

Sep 3, 2020

Everybody likes to have cash, but is there a time when it’s good or bad? Dave and Drue explain the pros and cons of having more cash on hand.

 

Read more and get additional financial resources here: https://www.truefinancialpartners.com/ep-13-pros-and-cons-of-having-more-cash-on-hand/

 

What we discuss on this episode: 

2:30 – Good reasons to have cash on hand

5:07 – How much cash should I have?

6:05 – Why it’s counterproductive to have more cash on hand

7:24 – Having cash gives you security

8:39 – Money not working for you

11:13 – Ways you can invest money