In this episode, Peter breaks down exactly where to keep money that has a deadline attached to it, using a real conversation with his own parents as the framework. He walks through why a normal checking account quietly costs you thousands a year, and lays out the actual tiers of options based on how fast you might need the cash, from high-yield savings accounts to T-bills to no-penalty CDs.
If you're sitting on proceeds from a home sale, a practice buyout, or a down payment with an uncertain timeline, this episode tells you exactly what to do with it and what to avoid entirely. Tune in!
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