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AvatarMark Riddix

Mark has more than a decade of experience as an independent personal financial and investment consultant. He is the author of the book, "Your Financial Playbook." and has contributed to a number of websites for personal finance, including Money Crashers, Investopedia and here on Money Under 30.

Where should I store my short-term savings?

Written by • Edited by • Last updated on October 13, 2023

The best place for short-term savings — money you may need in the next two years or less — is an account that’s safe, liquid, and (hopefully) interest-bearing. Think: high-yield savings accounts, money market accounts, T-bills, and cash management accounts.