This week's blogpost - https://bahnsen.co/4iNZBwe

Taking Inventory of Your Cash: Balancing Security and Growth

In this episode of the Thoughts on Money (TOM) podcast, host Trevor Cummings delves into the concept of taking inventory of your cash. Discussing the 'squirrel principle' and the psychology behind holding large amounts of cash, Trevor explores the pros and cons of cash in managing near-term and emergency expenses versus its long-term disadvantages in the fight against inflation. He offers practical advice on creating a layered strategy for cash allocation, balancing immediate liquidity, and long-term financial security. Listeners are encouraged to evaluate their own cash holdings and investment strategies to achieve a balanced, strategic approach to financial planning.

00:00 Welcome to the Thoughts on Money Podcast

Links mentioned in this episode: