Gary Lucas Financial Advice | No. 1 Certified Financial Planner in Byron Bay
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Financial Insights

 

ADVICE TO NAVIGATE THE COMPLEX WORLD OF FINANCE & BUSINESS

Posts tagged Savings
Life Expectancy And Financial Planning

I believe that in the field of financial planning, the topic of Life Expectancy is often ignored or given nowhere near enough attention. People love to talk about the risk of losing their money and use “risk versus security’ as a basis for their investment choices.

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Your Cash Reserve

Everyone needs a cash reserve or ‘rainy day’ money. This is a base amount of money which you retain in a daily-access bank account without any fees or investment risk. In urgent cases when you have to pay immediate expenses, you will rest assured that you can meet the cost quickly and comfortably. 

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