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Round Table | Cash Is King: Why I Keep So Much Cash

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Manage episode 418136164 series 2499406
Content provided by By Russ Morgan & Joey Muré, By Russ Morgan, and Joey Muré. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by By Russ Morgan & Joey Muré, By Russ Morgan, and Joey Muré or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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

Wealth Without Wall Street New Book:

https://go.wealthwithoutwallstreet.com/newbook

Free IBCA or Financial Freedom Discovery Calls:

https://www.wealthwithoutwallstreet.com/freecall

Join Our Next Inner Circle Live Event:

https://go.wealthwithoutwallstreet.com/inner-circle-live

Promo Code: PODCAST

Turn Active Income Into Passive Income:

https://go.wealthwithoutwallstreet.com/pios

Find Out How Close You Are to Financial Freedom:

https://go.wealthwithoutwallstreet.com/quiz

Join the Wealth Without Wall Street Community:

https://wealthwithoutwallstreet.com/community

Discover Your Path to Financial Freedom:

https://wealthwithoutwallstreet.com/path


Join the Passive Income MasterMind:

https://wealthwithoutwallstreet.com/club200


The Land Geek:

https://thelandgeek.com/


Invest With Your Friends and Family:

https://tribevest.com/partners/wwws


Know Your Investor DNA:

https://go.wealthwithoutwallstreet.com/investordna


The Infinite Banking Concept Explained by a CFP:

https://www.youtube.com/watch?v=sVuexMv6Kf4


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:

https://thegogiver.com/


The Richest Man in Babylon by George S. Clason:

https://www.amazon.com/Richest-Man-Babylon-George-Clason/dp/1505339111

---


Want to go even deeper into the conversation? Join our IBC Inner Circle Group membership and gain access to our live podcast recordings, interactive Hot Seat guests on the topics, and exclusive Q&A sessions with other members and our coaches.


Join here: https://go.wealthwithoutwallstreet.com/inner-circle


  continue reading

565 episodes

Artwork
iconShare
 
Manage episode 418136164 series 2499406
Content provided by By Russ Morgan & Joey Muré, By Russ Morgan, and Joey Muré. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by By Russ Morgan & Joey Muré, By Russ Morgan, and Joey Muré or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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

Wealth Without Wall Street New Book:

https://go.wealthwithoutwallstreet.com/newbook

Free IBCA or Financial Freedom Discovery Calls:

https://www.wealthwithoutwallstreet.com/freecall

Join Our Next Inner Circle Live Event:

https://go.wealthwithoutwallstreet.com/inner-circle-live

Promo Code: PODCAST

Turn Active Income Into Passive Income:

https://go.wealthwithoutwallstreet.com/pios

Find Out How Close You Are to Financial Freedom:

https://go.wealthwithoutwallstreet.com/quiz

Join the Wealth Without Wall Street Community:

https://wealthwithoutwallstreet.com/community

Discover Your Path to Financial Freedom:

https://wealthwithoutwallstreet.com/path


Join the Passive Income MasterMind:

https://wealthwithoutwallstreet.com/club200


The Land Geek:

https://thelandgeek.com/


Invest With Your Friends and Family:

https://tribevest.com/partners/wwws


Know Your Investor DNA:

https://go.wealthwithoutwallstreet.com/investordna


The Infinite Banking Concept Explained by a CFP:

https://www.youtube.com/watch?v=sVuexMv6Kf4


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:

https://thegogiver.com/


The Richest Man in Babylon by George S. Clason:

https://www.amazon.com/Richest-Man-Babylon-George-Clason/dp/1505339111

---


Want to go even deeper into the conversation? Join our IBC Inner Circle Group membership and gain access to our live podcast recordings, interactive Hot Seat guests on the topics, and exclusive Q&A sessions with other members and our coaches.


Join here: https://go.wealthwithoutwallstreet.com/inner-circle


  continue reading

565 episodes

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