I have over $4000 in my savings account, which is more than my original goal. Plus, I have money set aside for future travel and my checking account still looks good.
Now, do I open a CD/IRA that I can’t touch for a number of years, or work on that slowly once I’m back in school?
I started a CD months ago, with the intention of it being my fund for leave. Well, plans changed and I’m chilling out with a friend at her place for leave which turned out to be a lot cheaper. So now the CD is still untouched and won’t even be needed.
My dad is also opening up another smaller CD with the money that my brother is paying me for my car. I won’t even be able to touch that until I get back home. Dad’s idea—and it’s great!
My goal is to put $3000 in a savings account—that’s three months living money when I’m back doing the student thing. So far I have $1000. Go me!
$2000 in a CD! Might be travel money, might just sit there.