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Get interested in your savings

There are lots of banks who'd love the chance to sit on your cash. And that means you can find some pretty competitive rates. Lisa Napoli offers this primer on finding high-yield savings.

TESS VIGELAND: One of the most common questions we get here goes something like this: "I just got a $500 bonus. What should I do with it?" Or: "My wife just inherited $9,000. What should I do with it?

Well, there are all kinds of things you could do. Buy some stock. Fund your IRA. But what a lot of us end up doing -- assuming we don't spend it -- is parking that money in a savings account. For now. These days there are lots of banks who'd love the chance to sit on your cash. And that means you can find some pretty competitive rates. Marketplace's Lisa Napoli went in search of a way to max out the interest.


Danny Boyle Talks Up 'Slum Dog' Details

Almost all of the films directed by Danny Boyle deal with some kind of get rich scheme. Sometimes, as in Shallow Grave and Millions, the money comes by accident. Other times, like in The Beach and A Life Less Ordinary, they involve failed attempts to illegally make some dough. It's been awhile since I've seen it, so I really can't remember how the robbery in Trainspotting goes, but it's there even if the main deal of that movie is getting high, not rich. As for 28 Days Later, and I'm guessing the upcoming Sunshine, there is no wealth to be had, but Boyle's next film, Slum Dog Millionaire, which has been scripted by The Full Monty writer Simon Beaufoy, will again be dealing with a large sum of money. As we told you a few weeks ago, Boyle is already in pre-production on Slum Dog, which we only knew involves a true story about a boy from the slums of Mumbai who wins big on India's version of Who Wants to Be a Millionaire.


Spitzer To Seek Tuition Credit on the Rebound

Governor Spitzer is aiming to rebound after a grueling budget battle, with plans under way to consolidate local government, to announce a commission on public higher education, and to push legislation including his proposed $1,000 private school tuition tax deduction that was excluded from the final budget.

The Spitzer administration is looking forward to resuming the governor's role as unfettered state executive after spending time as one man in a crowded negotiating room with a deadline hanging over his head.

The passage of the budget gives the administration some breathing room to allow newly staffed agencies to carry out policy directives that were put on hold during the months-long budget process, which ended during the weekend.

"Immediately, the staff is going to begin advancing an agenda that has been partially consumed by budget negotiations," a spokeswoman for the governor, Christine Anderson, said.



 

 

 

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