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Where did you put the wedding $ you rec'd?

sandj100304 Posted:

Where did you put the wedding $ you rec'd?

DH and I put the money we received in our credit union savings account. We want to use this money one day for a house. Is there a better place we could put this money so it earns more interest in the meantime? Thanks.

tourist Posted:

Re: Where did you put the wedding $ you rec'd?

Right now, ours is in the closet!
We are going to put it in our regular savings on Saturday, but I would like to open an ING account, the interest rate is better & there isn't a minimum you have to keep it there for, like a CD.
TwoBugs Posted:

Re: Where did you put the wedding $ you rec'd?

We put ours in a money market account. I don't know anything about it, only that it features a better interest rate than our standard savings account.

no stress bride Posted:

Re: Where did you put the wedding $ you rec'd?


Posted by TwoBugs

We put ours in a money market account. I don't know anything about it, only that it features a better interest rate than our standard savings account.



same here into a money market account
shamrock12472 Posted:

Re: Where did you put the wedding $ you rec'd?

You should look into ING Orange account - the interest rate is higher then any of the credit unions or banks
sandj100304 Posted:

Re: Where did you put the wedding $ you rec'd?

Thanks for the info. I will look into the ING accounts.

9.17.04bride Posted:

Re: Where did you put the wedding $ you rec'd?

DH and I will be putting it ON our house We are getting much needed siding on our house with it next week.
sandj100304 Posted:

Re: Where did you put the wedding $ you rec'd?


Posted by 9.17.04bride

DH and I will be putting it ON our house We are getting much needed siding on our house with it next week.



MrsTC Posted:

Re: Where did you put the wedding $ you rec'd?

if you have over a certain balance, you can put it in an interest bearing account (like ING).

kptoys Posted:

Re: Where did you put the wedding $ you rec'd?

We have ours in an ING account.

sandj100304 Posted:

Re: Where did you put the wedding $ you rec'd?

ING seems to be the thing.

I actually just made an appointment with a financial advisor my dad uses to sit down with him and come up with a game plan.
Eireann Posted:

Re: Where did you put the wedding $ you rec'd?

Everything went into the ING account.

sandj100304 Posted:

Re: Where did you put the wedding $ you rec'd?

So did you just open the account for ING online? I don't see that you can go to them in person.

tourist Posted:

Re: Where did you put the wedding $ you rec'd?

Yeah, it's all online.

wc0143 Posted:

Re: Where did you put the wedding $ you rec'd?

thiadora Posted:

Re: Where did you put the wedding $ you rec'd?


Posted by sandj100304

DH and I put the money we received in our credit union savings account. We want to use this money one day for a house. Is there a better place we could put this money so it earns more interest in the meantime? Thanks.



Ours is in the same type of place. Credit unions do offer some benefits. If we keep $5000 in the accout we receive certain benefits when we get our mortgage. (I don't remember the specifics.)
Janice Posted:

Re: Where did you put the wedding $ you rec'd?

We are in ING, just give them your checking account info and the money will transfer

mrswask Posted:

Re: Where did you put the wedding $ you rec'd?

Can someone tell me how to get 'started' with an ING account? I just took a look at their website - but's it's very overwhelming.
TIA!
molly25 Posted:

Re: Where did you put the wedding $ you rec'd?

same here in a money market account. The interest rate is better than it was in our passbook savings account.

Moehick Posted:

Re: Where did you put the wedding $ you rec'd?

Ours is in ING. Basically, you go online and fill out the form to register, they transfer your $$ electronically.

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