Financial Advisor Insights

What Should You Do with Excess Cash?

How much money should you keep in cash and what should you do with excess cash? If you have extra savings in the bank, you may be wondering whether you should invest the money or pay down debt. Assuming you already have emergency reserves set aside, you may be able to invest your excess savings in a number of different ways - and potentially even save money in taxes.
 
Whether you have received an inheritance, windfall, or are looking to invest your own hard-earned savings, there are a number of factors you should consider before deciding on the best use of your excess cash.
 
Planning for retirement

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