Utilizing Cash for Investment Opportunities and Passive Income Generation

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

Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.

The hosts may have a financial interest in the programs or services mentioned in this episode.

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Know Your Investor DNA:

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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:

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The Richest Man in Babylon by George S. Clason:

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