Strategies for Managing Your Cash, Ep #186 - a podcast by Chad Smith, CFP® and Mike Eklund, CFP®

from 2023-03-20T07:00

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If you have been watching the news lately you may be wondering if your cash is safe. Watching the country’s 16th largest bank collapse causes people to question whether the banking system is set up to ensure that funds are accessible. 

On this episode of Financial Symmetry, we’ll discuss what happened to Silicon Valley Bank, examine how much cash you really need, and explore options for managing your emergency fund. Listen in to learn how to safely manage your emergency fund. 

Outline of This Episode

  • [1:34] What happened with Silicon Valley Bank
  • [4:40] How much cash do you really need?
  • [7:50] How to manage your emergency fund
  • [15:31] Create your own plan

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