Cash Buffer: Minimum & Maximum

We believe that it is very important for individuals & families to have both a minimum amount of cash and also a maximum amount of personal cash on deposit at any one point in time.

• Having a non-negotiable minimum Cash balance is essential in order to provide you with an emergency fund / nest egg

• At a particular point, having too much cash personally may be inefficient also and it may be put to better use by maximising pension contributions, reducing debt, allocating to investment markets etc.

For any individual or family carrying out a financial plan, deciding upon this minimum & maximum cash balance is one of the most fundamental decisions that should be made.

Your unique circumstances will dictate what these minimum and maximum amounts are.