<prompt> Human: I have close to 80k sitting in a checking account in my bank BoA. I no nothing about handling finances. Can someone guide me how to invest this 80k, like in a high interest saving account ? E.g. is it wise to deposit this amount in bank of america featured CD with APY of 0.07 ? Is there a better option ? Thanks.  <response>: Do you have an emergency fund? Are you saving for your retirement? Do you have a goal for this money?Did you read this first?One of the most frequent questions in rpersonalfinance goes something like:I have X, what should I do with it? orHow should I handle my debtfinancesmoney?This incorporates general guidance found in the PF Wiki and that is given often by rpersonalfinance regulars. If you have suggestions about this article, please message the moderators. 