Can You Have Too Much Cash? (Spoiler: Yes, and It's Risky)




Beyond Finances show

Summary: 35: Here's what you need to know to determine how much cash you actually need on hand, and what to do with extra funds if you have them. Today on the podcast, we explain: —The formula to use to determine how much cash you need —How we chose the exact amount to keep in our emergency fund (and why it's low) —Why too much cash can pose a risk to your long-term goals —How loss aversion can stop you from capitalizing on wealth-building opportunities —The right way to deploy cash into the mark