<prompt> Human: Here are the facts of my situation: Me: Salaried, contributed 15 to 401k pension another 15. Wife: Consultant - hourly, contribute 15 to 401k, 1st 3 matched. 40k in student loans 3.5 50k in Savings AccountThe savings was originally going to go towards a down payment on a house but weve since decided that our current situation is better suited by renting currently on the west coast, will likely move back to MN to be closer to family. One last bit, we have a baby on the way due March, 2015. Very exciting!So, my question is: what should I do with the 50k? Id like to get a better return than 0.01 offered by our savings acct but also have to keep in mind that some of this will more than likely be drawn upon over the next 12-24 months while my wife stays at home at least part time to raise our baby. Our current expenses which includes a fairly aggressive paydown of our student loans slightly exceed my take home pay, thus when she isnt working we tap into our savings.Looking for thoughts, opinions, advice from others in similar situations. Thank you very much in advance! Let me know if more detail is required.Note, Im already in the process of setting up a 529b.  <response>: Find a high interest savings account where youll get more like 1 interest. 