EntropicalVacation@midwest.socialtoPersonal Finance@lemmy.ml•What does your cash flow process look like?English
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1 year agoThis is pretty much my process too, except I’m not so organized as to have an expenses spreadsheet.
Central Illinois book lover, cat lover, CPA
This is pretty much my process too, except I’m not so organized as to have an expenses spreadsheet.
Most of my savings is in IRAs, which are mostly invested in Vanguard index funds. I try to keep about what I’d need to live on for a year in short-term investments and high-yield savings, any extra in some longer-term investments. I have a couple of CDs, some T bills, an I bond, some stocks. I’ve been shifting money around lately depending on where the best interest rates are.
Bread Savings has a 4.88% rate (5% APY) right now, no fees. The T bills have rates between about 5.3% and 5.5%. Right now, even 4-week T bills have rates over 5%.
My first instinct would be Southwest, like Texas.
Here’s an article with maps that show the Census regions that @[email protected] mentioned puts OK in the South: https://www.businessinsider.com/united-states-regions-new-england-midwest-south-2018-4?op=1
And here’s a map from National Geographic that puts OK in the Southwest: https://education.nationalgeographic.org/resource/united-states-regions/