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Forum
-> Household Management
-> Finances
amother
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 Sun, Dec 10 2023, 5:36 am
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I grew up in Australia but now have moved overseas. I still have money in my bank account. It’s been sitting there for a long time not getting any interest. Where can I move it too to get as much as I can from it?
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shabbatiscoming
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Sun, Dec 10 2023, 6:46 am
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It probably depends on where you live now.
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amother
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Sun, Dec 10 2023, 7:39 am
I’m happy to keep it in Australia for now. Just want to put it somewhere where I can get money for it
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amother
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Sun, Dec 10 2023, 7:42 am
Why not switch it to where you are now and put it in a high yield savings account? If you are in the US, rates are quite high now, you can get 5% or even 5.3. I grew up in Australia and that's what I did several years ago. Check the exchange rate first, if it's terrible you may want to wait a bit and see if it goes up.
Anon because it's fairly unusual to be from Australia but if you want to pm me I can switch for a bit:)
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