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Hello,

I'm an American in Australia; I've been working here and saving Aussie dollars for several months. I am unsure how long I'll be here. I could leave in a few months or a few years.

I am wondering what the best thing to do is with the money I save. I'm not familiar with the various tax ramifications of having money here or converting it to American dollars at some point.

Let's say I have anywhere from 20k-50k in savings. Should I: • Convert it to American dollars when I go back to the States • Invest it here? If so, what are good investments? • Do something else with it?

I appreciate any thoughts, ideas or advice - I'm not a super literate in financial matters such as this. I am open to advice for the sake of opening up a thought process - I understand that this is the Internet, I don't plan on executing on any advice at the moment. :)

Thanks!



Submitted August 20, 2017 at 04:19AM by phebebk http://ift.tt/2vdBWgI

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