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Keep What You Earn

How Much Cash Should I Have in the Bank?

Broadcast on:
24 Oct 2022

We often use cash as a financial thermostat that dictates how we feel about our business, but I don't want that to be the case for you as a business owner. I want you to think about cash objectively and as a metric to measure, not as a trigger for emotion. To help with that, I am going to unpack how much cash you should have in the bank at any given time.

 

* Find everything you need at www.keepwhatyouearn.com! https://www.keepwhatyouearn.com/ * Questions about this episode? Text me!: https://my.community.com/shannonweinsteincpa * Chat about this episode in the Keep What You Earn Community – http://keepwhatyouearn.circle.so * Hire us: https://www.fitnancialsolutions.com/accounting * Find me on IG @shannonweinstein * Meet me face-to-face on YouTube: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ * Featured in Yahoo Finance! Read more here: https://finance.yahoo.com/news/10-bookkeepers-accountants-watch-2021-113800161.html

The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.