Cash is The King

Ever heard the term cash is the king? I assume you've heard or know the term. The main meaning of this term is when you have enough cash, you will have the flexibility and convenience in financial terms.
Here are some primacy have the cash :
1. Short-term needs
Have some cash to help you to live daily needs. Starting from the needs of shopping, buy gasoline, pay electricity, school fees, pocket money, to pay contributions. All of these are needs that need to be paid in cash and do not ever think to use a credit card that you ultimately have to pay more due to exposure to interest on the loan. This is a requirement that needs to be excluded from your income and it is definitely happening every month.

2. emergency fund
Preparation of cash funds or cash money when things happen outside the box is absolutely necessary in our lives. We may face a condition in which we suddenly lose your job and need time to find a replacement. Other conditions that may occur is if one of the stricken relatives and in urgent need of financial assistance in large numbers.

Do not get when the condition comes, you become a frenzy and are thinking of selling your assets. This is partly an option, but it should be a last option. If you have an emergency fund, you will not lose assets and have no potential losses on asset sales. Emergency fund of at least let your financial problems at an early stage and provide an opportunity for you to act rationally without damaging the structure of your financial plan that has been built.
Both of point above is the absolute primacy of having cash money in the financial planning. On the next point, I wish to describe more deeply related to primacy having cash money. In my opinion, it should also be a consideration. Point number 3 is:
3. opportunity
There is a condition or a time where you find an opportunity to invest, but the opportunity was missed because you did not have the cash money to participate. You may think there is so such conditions? The answer: There is ...Yes!