The WealthAbility Show with Tom Wheelwright, CPA cover image

Insurance [6/7 Series]

The WealthAbility Show with Tom Wheelwright, CPA

00:00

The Importance of Liquid Cash in Contracts

By contract law, you have the opportunity to borrow against or withdraw that cash value. So I literally encourage clients think of their cash value as a line item on their balance sheet and call it their emergency slash opportunity fund. The first job of all is to solve emergencies. And then the second job of liquid cash is to take advantage of opportunities.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app