Cash is safe...right?
Cash is safe, right? 🤔
Cash is safe, right? 🤔
Keeping our hard-earned money as cash is often seen as our safest option. Technically, it is!
Unlike the value of investments, which can move up and down so you could get back less than you invest, the value of cash is seemingly protected.
But cash isn’t totally risk-free! 👀
We’re in a world where interest rates are still relatively low, and inflation is remaining much higher than the target.
Once you have your emergency fund, or squirrel pot as it is called in our house, of 3-6 months expenditure, and you have set aside cash for any planned expenditure, cash probably isn’t the right place for your additional savings.
We can discuss your options with you. We offer everyone who contacts us a free initial discovery session to answer any questions they have and to learn how we can help.
