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Cash Management
Columbus Ohio

Optimize where you allocate your capital

Cash management study

What Is Cash

Cash management is a strategy used to manage your cashflow by understanding income and expenses. This is completed regularly through accounting for businesses but is also important for individuals. Maintaining financial stability is an important part of understanding a total wealth portfolio.

We look at a client’s cash reserves and determine the best way to allocate their money. First and foremost, we will do an evaluation to determine whether you have a sufficient emergency fund given your income level and expenditures. Once that is satisfied, we will determine based upon your financial goals (including upcoming large purchases such as a home, vehicle or other tangible asset), where your excess reserves would be best allocated and in which order of priority (below are a few possibilities):


Debt paydown


Invested in the market


Left liquid in a money market account

Our recommendations are always made with your goals in mind and will not detract from your financial plan.

Benefits of cash flow management

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Prepared for Shortfalls

The first and most obvious benefit to managing your cash is knowing if an unforseen event happens, you have enough cash on hand to take care of that situation.

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Reduce Stress

Managing cash flow will alleviate a lot of stress as you have a plan in place taking into account both positive and negative outcomes and changes that will occur for each situation.

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Know when to Invest

We don’t “time” the market but we allocate money in various assets depending on how the market is performing. Having cash reserves and getting a good value for your money will help you increase your return on your investments.

How to manage your personal cashflow

We always recommend keeping a simple spreadsheet to help you manage your cashflows. Although it’s a manual process, it’s good to do your research, put all of your incomes and expenditures on a simple table, and keep track of how much you are spending and where. This will give you an idea if you are spending too much which does not align with your future goals.

What Our Harding Financial Group
Clients Are Saying

Stephanie Fowler
We have been working with Michael Holly with HFG for several months now. He has been very patient with us, and has taken the time to make sure we feel comfortable and understand all unfamiliar financial circumstances. He is extremely thorough during our meetings, as well as having a well rounded plan to present all options. He is someone we feel comfortable calling and asking questions to and feel secure knowing he has our best interests at hand.
Ann Smerles
HFG has been a great help as I approach retirement. Michael listens to my goals and diligently works to provide an excellent outcome. He explains his plan, asks for my opinion, and clearly answers my questions.
Al Jenkins
Carefully listen to your needs and develop a customized plan to suit those needs.
Paul Atwell
Since retiring in 2008, Harding Financial has handled our accounts. Currently, they are also involved with our adult children’s accounts. Not only do they have our complete trust, but the comprehensive outlook towards capital retention and the estate is wonderful. Michael Harding is an amazing professional. He is highly accredited, knowledgable and thorough. The regular market letters, and quarterly in person reviews keep us up to date. We highly recommend Harding Financial.
Eric Atwell
I am incredibly fortunate to have found such a professional and trustworthy financial advisor. Their deep understanding of the market has truly made a remarkable difference in managing my finances. From the very beginning, their expertise and guidance instilled a sense of confidence in me. They took the time to thoroughly analyze my financial situation and patiently explained various strategies tailored to my goals. This personalized approach was both refreshing and reassuring. What sets them apart is their unwavering commitment to transparency and honesty. I have complete faith in their recommendations, knowing that they always have my best interests at heart. They've not only helped me navigate complex financial decisions but have also provided invaluable insights that have led to tangible results. Their ability to stay current with market trends and adapt strategies accordingly is truly impressive. I've witnessed firsthand how their deep understanding of the market has translated into positive outcomes for my investments. In a world where financial matters can be overwhelming, having a financial advisor like Harding Financial Group has been a game-changer for me. I wholeheartedly recommend their services to anyone seeking expert guidance, exceptional professionalism, and a partner who genuinely cares about their clients' financial well-being.
Michael Kappas
My involvement with the Harding Financial Group has been a great experience! I believe that Michael and his staff are very professional and do everything possible to make their clients comfortable and secure! I have the upmost confidence in their abilities and their knowledge of the markets that affect our financial investments! I have referred family and friends to the Harding Financial Group! I’m very pleased to be part of this great organization!
Lisa Collins
I can’t say enough about how happy I am with Harding Financial Services and have been very pleased with the services they provide! I have been with them for 15 years and Mike and his team are the best! Never once have I worried about where he directs my monies. So if you are looking for a highly qualified professional team they will work on what needs best fit you in younger years or retirement years!
Heidi Steinbrenner
I switched from a large financial firm to Harding Financial Group about a year ago. I am very pleased with the special attention and advice they give to my personal financial needs as I head into retirement. They are very through and knowledgeable on giving me advise that is best for me. I could not be more confident with Harding Financial handling my finances and highly recommend them to others.
Nicholas Martin
Harding Financial Group Experience: My wife and I were referred to Harding Financial Group by an existing client of theirs. In our initial meeting with Mike Harding and Michael Holly we expressed our long term goals. Not only for retirement but for large purchases such as a new car and a future home. They assisted us in developing a strategy of savings and budgeting to acquire the car we wanted, save for our future home while continuing to grow our retirement portfolio. The Harding Financial Group not only guides their customers to a happy retirement, but a happy journey to retirement.
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Schedule An Appointment
With Harding Financial

For A Complimentary Phone Consultation

Get a one-one consultation with our cash management advisors to begin the conversation about your cash management goals, needs, and current financial situation.

See our Frequently Asked Questions below for commonly asked questions about cash management.

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Frequently Asked Questions

You should audit your money-spending habits and see where you stand. Create a budget worksheet and itemize your expenditures – use your checking account or credit card transaction history to fact-check yourself. Are you going out to eat too often? Are you spending too much on health insurance when you could use a cheaper plan? Do you overspend on clothing, electronics, or coffee? Do you have five different streaming services instead of one or two? Being aware of your spending habits is the first step to improving your cash flow.

For illustrative purposes, some people use the 50-30-20 rule:

    • 50% necessities
    • 30% wants
    • 20% savings/investments

Everyone’s situation is unique and a one-size-fits-all approach is not recommended as the percentages listed above will be different for everyone. Some may require more than 20% savings to stay on track for retirement. Others may have too much in debt payments to budget even 10% for “wants”. The takeaway is that it’s important to work with a financial professional to develop a plan tailored to your situation and to stick to it. The breadth of our services extends well beyond the core areas of financial planning. We also assist our clients with residence and other debt financing, liquidity and cash flow analysis, and targeted event planning.

Set up an automatic monthly deposit from your checking account to your savings or investment account(s). This way, you don’t have to think about setting the money aside. Depending on how you’re accounts’ investments are allocated, your money could have more potential “return on investment” than it would by sitting in a checking account. You can do the same with your retirement account(s) by having funds taken out of every paycheck to be added to your employer 401(k) plan or other retirement account. You don’t “see” it happening but this will help grow an account hands-off with regular monthly contributions.

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