{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Dealing with cash panic","description":"\ud83c\udf99\ufe0f Episode Summary In this deeply personal episode, Wade Borth clarifies what he really means by \u201cliquidity.\u201d After releasing a previous episode on burn rate and days of liquidity, someone asked him a simple question: \u201cWhat\u2019s liquidity?\u201d That question sparked this conversation. Liquidity isn\u2019t jargon. It\u2019s simple: Do you have enough cash \u2014 or access to cash \u2014 to sleep at night? Wade shares the story of being unexpectedly let go in 2009. The panic. The physical reaction. The scarcity mindset. And then the turning point \u2014 realizing he had access to cash through his policies. That access didn\u2019t eliminate the problem. It eliminated panic. Liquidity bought him time. Time created clarity. Clarity allowed better decisions. This episode is about certainty in uncertain moments \u2014 and why accessible cash changes everything. \ud83d\udd17 Links &amp;amp; Resources   sagewealthstrategy.com   https:\/\/www.youtube.com\/watch?v=mqFjV_yhiO4   \ud83d\udd11 Keywords Liquidity Cash Access Financial Certainty Emergency Funds Burn Rate Scarcity Mindset Financial Stress Income Loss Whole Life Policy Money &amp;amp; Peace of Mind Financial Anxiety Cash Flow Strategy Financial Resilience Wealth Strategy Decision-Making Under Pressure \ud83d\udd25 Episode Highlights 00:00\u201300:29 \u2013 Recap of burn rate and liquidity conversation 00:00:50\u201300:01:29 \u2013 What liquidity actually means (no jargon) 00:01:29\u201300:01:52 \u2013 Stress, uncertainty, and unhealthy decision-making 00:02:35\u201300:03:58 \u2013 The day Wade was unexpectedly fired in 2009 00:03:58\u201300:04:37 \u2013 Physical reaction to income loss (panic mode) 00:05:16\u201300:05:37 \u2013 Joshua 1:9 and finding strength in uncertainty 00:06:13\u201300:06:35 \u2013 Calling the insurance company to check available cash 00:06:35\u201300:06:58 \u2013 Realizing he had 6\u201310 months of liquidity 00:07:58\u201300:08:17 \u2013 \u201cCash buys you time to breathe.\u201d 00:08:33\u201300:08:53 \u2013 The two most important times you need liquidity 00:09:10\u201300:09:27 \u2013 Why everyone needs to know their liquidity number 00:10:07\u201300:10:25 \u2013 Turning crisis into growth through certainty &amp;nbsp; ","author_name":"Wade Borth - Sage Wealth Strategy","author_url":"https:\/\/www.sagewealthstrategy.com","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/40368135\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/199404865"}