Here are interesting posts and news this week from the MoneyBlogNetwork members and beyond:
- Five Cent Nickel details the importance of buying flood insurance.
- Blueprint for Financial Prosperity doesn't want to be rich.
- Consumerism Commentary gives three reasons not to buy a home.
- AllFinancialMatters lists 13 absolutely unbreakable laws of money.
- MightyBargainHunter does some tricky math.
- Binary Dollar tells how to ladder your CDs.
- Money Smart Life gives 10 lies big companies tell their employees.
- Money, Matter, and More Musings answers "what do you look for in an online bank account?"
- The Digerati Life lists thoughts on the perfect hobby.
- The Sun’s Financial Diary details T. Rowe Price's Automatic Asset Builder.
- Generation X Finance says carefully choosing when to buy propane could save you hundreds of dollars.
- Lazy Man and Money advises planning your purchases well in advance.
- Consumerist tells how to avoid the upsell.
Enjoy!
Where is the best place to keep savings for a down payment on a house? I have 3 months of emergency savings in a money market account, but am still several years away from having the salary/savings to purchase a home.
Should I just keep stashing the money in my money market savings account, or is there a better place to put it for the short-long term?
I want to be able to access it pretty easily for, say, a new car if mine breaks, or if that house can come closer than I think, or if I decide to spend $10K on a wedding.
Thanks!
Posted by: chiamo | May 18, 2007 at 09:24 AM
I'd personally keep it in a money market account or with an online bank like ING or Emigrant Direct.
Posted by: FMF | May 18, 2007 at 11:40 AM