✨How excess cash in bank account can hurt your wealth creation
Published
☑️ Many of us are guilty of letting cash idle away in our bank accounts.
☑️This cash continues to earn 3.5-4% savings bank interest.
☑️So how much is enough? Expert says 3-6 months of expenses is enough.
☑️If you are too concerned about requiring cash at short nite, then liquid funds are there. Plus many now offer Insta Redemption facility. "Plus, mutual funds such as arbitrage funds are recommended for low-risk and tax-efficient returns.
