These assets can help families better face emergencies without putting potentially high costs on credit cards.
You may realize that liquidity is essential when you don’t have it (or lose it). Having cash has always been crucial, especially during economic downturns.
Liquid net worth is a more realistic snapshot of your cash position, emphasizing liquid assets like bank savings, checking accounts, and financial assets.
Market liquidity refers to the ease of selling financial securities at relatively efficient prices in their respective public markets.
- Bank savings and checking accounts - An emergency fund -Common Stocks - Vehicles - Life Insurance