This might be personal. But I'm trying to figure out what is the best investment or the best way to handle our wedding money. If you can suggest a financial planner that would help too? Thanks.
Pinkisles
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Wedding Money - Long Island Weddings
We put ours in a money market account at Bethpage federal credit union. We would like to save for a house, but need a lot more than we got.
MrsB92713
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Re: Wedding Money
Posted by Pinkisles
We put ours in a money market account at Bethpage federal credit union. We would like to save for a house, but need a lot more than we got.
This. We added ours to our existing Bethpage money market account and plan to start house hunting in the spring. We looked into CDs but didn't want to tie our money up for too long, my parents basement seems like it keeps getting smaller. Lol.
nella20005
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Member since
Wedding Money - Long Island Weddings
I belong to BFCU too. I'll talk to them. We have a condo. Not looking to buy a house in the near future. The saving account is not 'Secure' but is giving a higher interest rate than a cd or money market account. Thanks.
lauren1802
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Re: Wedding Money
Posted by nella20005
I belong to BFCU too. I'll talk to them. We have a condo. Not looking to buy a house in the near future. The saving account is not 'Secure' but is giving a higher interest rate than a cd or money market account. Thanks.
yeah thats what i dont understand, but i never asked. maybe its compounded differently so you actually make more? who knows!
nella20005
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Wedding Money - Long Island Weddings
Its a sign of the times the interest rate is low... great time to buy a house or car but to save
MrsB92713
Posted:
Member since
Wedding Money - Long Island Weddings
We found our money market had a higher interest rate than our regular savings or a shorter term CD.
