[Follow up] 22 years old and have a check made out to me for 30,000 dollars. Should I open a savings account for the initial deposit or just go straight to my checkings? Submitted by throwaway2639441 t3_yg704f on October 29, 2022 at 2:00 AM in personalfinance 15 comments 2
mermaldad t1_iu7d9nj wrote on October 29, 2022 at 2:51 AM Also remember that the $30K will probably qualify as income, so plan to save at least some of it for income tax. Of course this may not apply, depending on where you live. Permalink 1
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