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Savings advice needed.

I know there are some financial mavens around here, so I thought I’d crowd-source my question about investing/saving. I’ve managed to save up some money (about $7,000) and as a scroogey person would like to find a way to make the most of it. I don’t have any debt, nor am I interested in making big purchases/taking out loans, so the money is kind of just sitting around for the time being.

To help guide your advice, I’m timid, lazy, and would like to maintain some level of access to the money as well as the option of depositing more money in case I manage to save up some more. (I’m toying with the idea of a 12-to-18-month CD, but can’t commit to anything like 60 months because I have no idea where I’ll be financially at that point.) I’ve tried looking into trading accounts, but they seem like they might be too high-stress/high-risk for me. Is a savings account or a CD the only sensible option for me? If so, which one would you recommend? Synchrony Bank seems like a good savings option, and First Internet Bank seems attractive for a CD.


I’d appreciate your advice and personal experiences! I’ve tried googling things, but there’s such a world of blogs and websites out there that it got a bit overwhelming.

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