Monday, June 11, 2007

Best place to put savings?

Where is the best place to put your savings is the question for the next Festival of Under 30. I am sitting here thinking about it, and decided, wherever makes you happy.

It makes me happy to leave a nice chunk of money in my piddly bank savings account earning 1% because I like the freedom of being able to pay my bills without transferring money. The rest of my money is left in Vanguard. Why? Because I find it just easier to leave it all in one place. I don't like having so many accounts, I don't like tracking so many statement, and I don't like stressing over whether I'll have a bounced check because I have to wait for the cash to hit my account before I can pay a bill.

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