audreyh1
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
We occasionally end up with us much as half a year's spending in the check book at one time. Usually happens after our yearly RMD (or whatever I'm calling it this year since I took it but didn't have to.) The nice wahine and tutus at the bank always suggest a CD when that happens. But our in-and-out flow can be spectacular, though "spotty" so it makes no sense to me to go for even a 3 mo CD or similar. Besides the interest is too paltry to even bother. I'd keep it under the mattress before I'd give the banks the pleasure of tying up my cash for so little interest. But, I'm not bitter! Besides, I love the folks at the bank - 90 degress off topic, but I would miss going to the bank if I decided to bank online. YMMV
High yield savings accounts are great places to park several months worth of living expenses.