Questions tagged [keep in cash]

CryptoLord Wed Sep 25 2024 | 5 answers 1375

I'm curious to know, when it comes to managing finances, how much cash should one ideally keep on hand? Is there a specific percentage of total assets that experts recommend maintaining in cash, or does it depend on individual circumstances such as income stability, financial goals, and risk tolerance? I'm particularly interested in understanding the benefits and drawbacks of holding cash, and how it can factor into a well-rounded financial plan.