Develop your cash management strategy

Key takeaways

  • A sound cash management strategy is an essential part of an effective financial plan.

  • Examining the intended use and timing of your cash needs are the first steps of your strategy development.

  • Understanding the benefits and considerations of each option is critical when developing your cash management strategy.

Put Your Cash Infographic

The views expressed in the article are those of the author and/or person interviewed and do not necessarily reflect the views of Silicon Valley Bank, a division of First-Citizens Bank and First Citizens BancShares, Inc. The materials on this website are for informational purposes only, are subject to change and do not take into account your particular investment objective, financial situation or need. Since each client’s situation is unique, you should consult your financial advisor and/or tax planning professional before acting on any information provided herein.