Cash Holdings
March 22, 2023
Do you have large amounts of cash in the bank?
Do you have large amounts of cash in the bank? 🤑 Not sure what to do with it? 🤔
Maybe it's come from an inheritance and there are emotional considerations with the money.
Or, maybe you have a surplus each month that has just built up over time.
As a general rule of thumb, we recommend that you have between 3 and 6 months' worth of expenditure in accessible cash. Plus, anything you plan to spend in the next 5 years (new car, holiday, kitchen etc.)
Thereafter, we'd suggest a conversation with a financial adviser to discuss how to make the best of any excesses.
We can give you peace of mind when it comes to your cash holdings and investment plans.
It's better to be safe than sorry; always take advice from a professional.
It's crucial that you do.
We understand, it can be daunting, but it doesn't have to be.
Thank you for your lovely review, Janet!
Do you have a rainy day fund?
Pensions don't have to be boring...
Are you ready for the new Tax Year?
Are your pensions in a muddle?
Do you have investments that need reviewing?
We're really excited for the TPFS/HD beach clean!