<p><a href="https://www.fosterandmotley.com/our-team/bios/thomas-j-guidi?a=tguidi" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Thomas J. Guidi</a><span style="background-color: transparent; color: rgb(18, 44, 64);">, CFA, Investment Manager, Co-Chief Investment Officer and Shareholder at </span><a href="https://www.fosterandmotley.com/" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Foster &amp; Motley, Inc.</a><span style="background-color: transparent; color: rgb(18, 44, 64);">, explains the misunderstood role of cash in financial planning. He outlines how to approach liquidity needs, make the most of different cash vehicles and avoid common pitfalls when managing excess cash. Thomas also explores how advisors can help individuals match their cash strategy with both immediate and future needs, ensuring that every dollar has a purpose.</span></p><p><br></p><p><strong style="background-color: transparent; color: rgb(18, 44, 64);">Key Takeaways:</strong></p><p><br></p><p><span style="background-color: transparent; color: rgb(18, 44, 64);">(01:31) Maintaining a buffer for expected and unexpected expenses is important.</span></p><p><span style="background-color: transparent; color: rgb(18, 44, 64);">(03:22) Excess cash holdings may limit potential long-term growth.</span></p><p><span style="background-color: transparent; color: rgb(18, 44, 64);">(04:37) Understanding liquidity needs helps determine appropriate financial tools.</span></p><p><span style="background-color: transparent; color: rgb(18, 44, 64);">(06:26) Some cash vehicles may offer higher returns than others.</span></p><p><span style="background-color: transparent; color: rgb(18, 44, 64);">(06:55) Matching the timing of future expenses with investment maturity can be beneficial.</span></p><p><span style="background-color: transparent; color: rgb(18, 44, 64);">(07:41) Risk levels and protections vary across different cash management options.</span></p><p><span style="background-color: transparent; color: rgb(18, 44, 64);">(08:48) Financial professionals can provide guidance in choosing between available options.</span></p><p><br></p><p><strong style="background-color: transparent; color: rgb(18, 44, 64);">Resources Mentioned:</strong></p><p><br></p><p><a href="https://www.fosterandmotley.com/" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Foster &amp; Motley, Inc.| Website</a></p><p>https://www.fosterandmotley.com/</p><p><br></p><p><strong style="background-color: transparent; color: rgb(18, 44, 64);">Connect with Thomas Guidi:</strong></p><p><br></p><p><a href="mailto:[email protected]" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">[email protected]</a></p><p><span style="background-color: transparent; color: rgb(18, 44, 64);">+1 513-561-6640</span></p><p><a href="https://www.fosterandmotley.com/" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Foster &amp; Motley, Inc.</a></p><p><br></p><p><span style="background-color: transparent; color: rgb(18, 44, 64);">LinkedIn: </span><a href="https://www.linkedin.com/in/thomas-guidi-cfa-21830952/" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Thomas J. Guidi, CFA</a></p><p>https://www.linkedin.com/in/thomas-guidi-cfa-21830952/</p><p><br></p><p><span style="background-color: transparent; color: rgb(18, 44, 64);">LinkedIn: </span><a href="https://www.linkedin.com/company/fosterandmotley/" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Foster &amp; Motley, Inc.</a></p><p>https://www.linkedin.com/company/fosterandmotley/</p><p><br></p><p><br></p><p><br></p><p><span style="background-color: transparent; color: rgb(18, 44, 64);">#WealthManagement #FinancialPlanning #InvestmentAdvisory #WealthManagementPodcast</span></p>