IMO U should start (housing) savings account in some bank for your son.

And put some money there on monthly basis. That way you will get those stimulant interests banks and governments offer. In future that will turn up to be enough for him to buy his OWN flat or car or whatever and give him stability when he wants to move out of your house.

Many banks have extra bonuses on peoples savings accounts and I know governments add extra bonuses/interests on the end of the year to stimulate saving accounts for children.

I can tell U that its (probably) the best way that U can multiply your money and do something right for your son/kids.

OFC pick banks carefully.

Save more money while you still think what to do . Dont just get convinced by those 3k ! try to reach 4k while u still thinking what to do.

And as for donations its a good idea but first invest and once u get back enough prophits Donate.

wrote:

wrote:

IMO U should start (housing) savings account in some bank for your son.

ye very clever idea to put up money in bank when in the world financial crisis :F

bs!
just keep your money away from banks with a low S&P rating... rest is fine.

if you dont want to spend much time with the money (3k also isnt really worth spending it too much time) then go for a bank account with 3-4%p.a.

investing on the stock market offers you much more ofc. actually Im doing about 10% monthly... but that is pretty much time consuming and always more risky ofc!
also you need to have some good nerves to sit some lows out

buy a safe for 2999 and put 1 euro in it

best way is to safe it for youre son, or more kids in the future, so they alway's have something to fallback on or you if you realy needed it