Emergency cash reserve

Home > Financial Focus

You may need to access cash easily and quickly to cover unforeseen expenses
or emergencies. A cash reserve should be set aside to cover these situations.
Often unexpected expenses pop up that requires quick access to cash. Setting
aside a certain amount of funds in an at-call account will allow you to access
your money at any time without penalty.
Setting aside a cash reserve to meet unforseen expenses should allow your
other investments to remain invested so you are not forced to sell, possibly at
an unfavourable time.
You may earn interest on your cash reserve. This amount is added to your
assessable income and taxed at your marginal tax rate.
You should review your needs regularly to check that your cash reserve is
holding the right amount of money.


"Securing your financial future is an important decision in everyone’s life and we wouldn’t entrust it with anyone else. ¬†Whether you are a passive or active investor, Momentum provides experienced,..."

Matt & Kirsty, Gold Coast
See More Testimonials

Meet the Team at Momentum

Shane Gourley

Director / Financial Planner
Team Profiles

Newbrocom Pty Ltd (ABN 39 152 026 330) trading as Momentum Financial Planning is an authorised representative of Charter Financial Planning Limited, Australian Financial Services Licensee Licence number 234665.



Momentum Financial Planning is one of a select number of businesses that has been awarded Certified Quality Advice Practice status by Charter Financial Planning. This programme sets an industry benchmark for providing high-quality financial advice. The certification is awarded based on industry qualifications, demonstrated best practise business operations and proven success in meeting the financial planning needs of clients.

© Momentum Financial Planning 2010 - 2019 All Rights Reserved :: Website by Giant Media :: ADMIN