BamaTanya Posted July 20, 2011 Share Posted July 20, 2011 Savings account interest is the pits right now. What else is easily accessible but works for you instead of just lying there? Quote Link to comment Share on other sites More sharing options...
CatMomof3 Posted July 20, 2011 Share Posted July 20, 2011 we have 1/2 in an ing account and the other 1/2 in our gun safe. Quote Link to comment Share on other sites More sharing options...
DawnM Posted July 20, 2011 Share Posted July 20, 2011 We have always been conservative investors. We have most of our savings in money market accounts. They aren't earning lots of interest but it is better than not having the savings. Dawn Quote Link to comment Share on other sites More sharing options...
Brilliant Posted July 20, 2011 Share Posted July 20, 2011 Dave says the emergency fund is NOT an investment. So your choices are a bank account, money market account, or as CatMom said, a gun safe. :) Quote Link to comment Share on other sites More sharing options...
Oak Knoll Mom Posted July 20, 2011 Share Posted July 20, 2011 We split it between two six month CDs, and staggered them to be available every three months. We did this *years* ago and have pretty much forgotten about them. I have no idea if this would be what we would do if we set them up now. We are looking into adding a bit more money into each CD since our living expenses have gone up over the years. Quote Link to comment Share on other sites More sharing options...
Stratford Posted July 20, 2011 Share Posted July 20, 2011 Ours is in our savings account. At some point I'd like to have some cash in the house as well, but I would need to find a safe place to put it. Quote Link to comment Share on other sites More sharing options...
KrissiK Posted July 20, 2011 Share Posted July 20, 2011 We have ours in a savings account. As others have said, I don't count this as an investment. It's an emergency fund. Quote Link to comment Share on other sites More sharing options...
Parrothead Posted July 20, 2011 Share Posted July 20, 2011 Buried in the back yard. I don't have one yet. When we get to that point we will not have all of it in the bank. Quote Link to comment Share on other sites More sharing options...
Mrs Mungo Posted July 20, 2011 Share Posted July 20, 2011 We have always been conservative investors. We have most of our savings in money market accounts. They aren't earning lots of interest but it is better than not having the savings. Dawn :iagree: Money market accounts are usually fairly liquid. Quote Link to comment Share on other sites More sharing options...
gardening momma Posted July 20, 2011 Share Posted July 20, 2011 I think ours is in an ING account. I don't know how fast we can access the money. I'll have to ask dh. We're going to be using some of it to pay our deductible for our water repairs. We have a water mitigation company coming out today, as well as a plumber to look at some other lines. Quote Link to comment Share on other sites More sharing options...
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