Give it a job

Photo by Clem Onojeghuo on Unsplash

One thing I've seen a lot of clients struggle with falls firmly in the “good problem to have” category.

It’s when you move from having “enough” to save, invest, and live responsibly – to suddenly having “more than enough.”

Like I said, a good problem to have but a real problem all the same.

It can cause a lot of stress and anxiety having money sitting in cash that you don’t feel is working for you. 

So what’s the solution?

Give it a job.

Giving your extra funds a job might be as simple as naming why those funds are in cash in the first place.

Do you have extra funds just sitting there or is that your emergency fund?

If your emergency fund is already at a comfortable level, should those funds be invested long-term or should they stay in cash, earmarked for upcoming home renovations?

Or are they truly “extra” funds that can be invested for future college, travel, or retirement expenses?

Remember, the best use of your money is when you can use it to create meaning in your life.

If you’re struggling with how best to do so, I know a guy who can help you with that :)