Total cash on hand refers to the sum total of readily accessible funds an individual has available. This statistic typically includes liquid assets as well as small denominations. It's a vital metric essential for budgeting, providing insight into a individual's financial flexibility. Controlling Your Total Cash Flow Effectively managing your
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Total cash on hand represents the immediate funds that a business or individual has available at any given instance. It includes all physical currency and easily convertible assets, such as demand deposits, along with short-term investments. This metric provides a snapshot of the working capital of an entity by indicating its ability to meet short-