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The Watercooler
Interesting weekend
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<blockquote data-quote="LittleDudesMom" data-source="post: 408452" data-attributes="member: 805"><p>Janet,</p><p></p><p>glad you finally picked out a mattress! I know you mentioned it a few months ago.....a new mattress can make all the difference in the world!</p><p></p><p>Funny about the Barbie fishing pole!</p><p></p><p>I'm happy for you that you are going to get a little nest egg to put away. It's always good to have that money. Look into an internet bank if you are looking to just put the money in a cd. I have a savings and checking with one internet bank and a cd with another. Their rates are higher than your local bank and I like not having access to my money immediately - makes me think before spending!!!!!! You could open one cd with the cd money from your dad and choose a longer term for a higher interest rate. The insurance money you could split between interest savings and a short term cd. When I started with the online banking the interest rates on cds and savings were often twice what your local bank was offering. But, it's not that drastic anymore. I did get one point higher on a recent cd......</p><p></p><p>Sharon</p></blockquote><p></p>
[QUOTE="LittleDudesMom, post: 408452, member: 805"] Janet, glad you finally picked out a mattress! I know you mentioned it a few months ago.....a new mattress can make all the difference in the world! Funny about the Barbie fishing pole! I'm happy for you that you are going to get a little nest egg to put away. It's always good to have that money. Look into an internet bank if you are looking to just put the money in a cd. I have a savings and checking with one internet bank and a cd with another. Their rates are higher than your local bank and I like not having access to my money immediately - makes me think before spending!!!!!! You could open one cd with the cd money from your dad and choose a longer term for a higher interest rate. The insurance money you could split between interest savings and a short term cd. When I started with the online banking the interest rates on cds and savings were often twice what your local bank was offering. But, it's not that drastic anymore. I did get one point higher on a recent cd...... Sharon [/QUOTE]
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