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Cash Flow Management and Forecasting with Andi Ruda, Rainbow CFO Founder

The Role Forward: A Strategic Finance Podcast

CHAPTER

How to Keep Your Money in a Separate Account

With more money flowing into businesses than ever before a big topic in this period of like the cash forecasting and cash conservation is what do you do with all that extra money. Do you advise your customers to do one thing versus another? I really like it for nothing else just the act of keeping it in a separate account obviously an interest yielding money market account is a really great option if it's a large pot of money that's sitting there but even aside from the fact that let's say you're in a slightly more favorable account or or making some pennies on the dollar thereI think it's more about the ritual of like having that money in one pot and not losing sight of the way it

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