I’ve recently been able to pay off all of my debts and have around $2k-$3k left over that I would like to set away for the future when I need it.
I don’t even have a savings account because I’ve never been in the position to have a savings, but here I am! This is uncharted waters for me. My only experience with finance related topics is credit card churning that paid for some really great trips.
I was thinking a high-yield saving account may be best, so I can have quick access to it if I need it, but I can still earn a bit. I was also thinking of putting a small of it away in a savings, and the rest in a CD for larger gains.
What would you do if you were in my position? Stocks? Money markets? Thank you all for the help!
Edit: For context I am a college student. I had a bit of debt from medical bills for therapy that I paid off.
Submitted April 18, 2020 at 11:12PM by panamenopapi https://ift.tt/2XTufy2
