Mike Milligan breaks down a three-bucket system for managing cash. Bucket 1 holds one month of spending in a checking account for bills and payments, where yield doesn't matter because you need quick access. The other two buckets focus on higher returns with less liquidity.
High yield cash management. Where do I park my cash? Is a high yield savings account better than a CD? What about T-bills? Those are major videos with a lot of traction and a lot of views on YouTube right now. Let me give you the simple Mike Milligan framework. I call it the 3 bucket cash stack. Bucket 1, spending cash. This is your checking account. Pay the bills, pay the credit card, pay the mortgage. The goal, as little as possible, just enough to cover 1 month of expenses, as long as cash flow is replenishing that account on a monthly basis. Interest rate on that is probably zero, and that's fine. This bucket is about access, not yield.
How to evaluate AI growth stocks (Nvidia, Oracle, CoreWeave) beyond market hype
How to evaluate AI growth stocks (Nvidia, Oracle, CoreWeave) beyond market hype
