Episode 24: Access to Cash When You Need It
Update: 2020-06-13
Description
If there is one overarching financial lesson that people and businesses should learn from COVID-19 it's that liquidity - access to cash when you need it - is absolutely critical. Unfortunately, when the virus first hit, many people learned the hard way that no matter what the balance showed on their bank statement; when they wanted their cash back the banks couldn't, or wouldn't, let them have it. In this episode Dan lays out how easy it is to get access to your cash from a properly structured whole life policy and why that is so important.
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