.:HSTuners::

*pdiggitydogg* · 07-11-2004, 06:22 PM

certificate of deposit...its like a savings account that has really good interest (so you get more money) but you cant get to it...its locked up/away from you.
If you were to open that you would gain more money quicker (from the higher interest rate) than if you stuffed $ in a box under your bed or even a standard savings account. Some let you add more money, some do not...gotta watch for that.
If you want to save for a motor, Id say that is your best bet because it really makes you commit to saving (since you cant withdraw funds from it) AND gives you good interest

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07-11-2004, 06:22 PM	#4
pdiggitydogg Yahoo Watashi wa kattaze! Join Date: May 2002 Location: Meanwhile, up in The D... Age: 42 Posts: 10,579	certificate of deposit...its like a savings account that has really good interest (so you get more money) but you cant get to it...its locked up/away from you. If you were to open that you would gain more money quicker (from the higher interest rate) than if you stuffed $ in a box under your bed or even a standard savings account. Some let you add more money, some do not...gotta watch for that. If you want to save for a motor, Id say that is your best bet because it really makes you commit to saving (since you cant withdraw funds from it) AND gives you good interest