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re: What’s the best place to put $2,000?

Posted on 1/25/19 at 7:37 pm to
Posted by Undertow
Member since Sep 2016
7342 posts
Posted on 1/25/19 at 7:37 pm to
it is not all of my savings. I have about $3,000. No debts. I wanted to keep about $1,000 in my checking and put the rest in some kind of account that will draw better interest. I guess I should find out the interest rate of my existing savings account at my credit union which currently has $0 in it.
Posted by TigerintheNO
New Orleans
Member since Jan 2004
41248 posts
Posted on 1/26/19 at 10:43 am to
I read that you have low income & no debt, what about your monthly bills, rent, insurance, car, food....

Build up at least 6 months in savings, with no debt shouldnt take long, your credit union would be your best bet. Then you could start looking at CDs and retirement options.


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