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Money wisdom? Not really.

At this point I'm simply trying to soak in knowledge. I've done a good job staying out of debt (though, admittedly, I did spend a lot of money on entertainment goods this past year).

I have most of my bills on auto pay, so I tend to keep quite a bit of money in my checking account because I'm very cautious about spending. I tend to have a sort of budget, but I'm trying to trim down a lot of my food costs. My job has me "in the field" a lot, so I tend to eat out almost everyday. Anyways, I digress.

What I've been doing the past year is simply setting aside 400 dollars each month into my savings automatically transferred from my checking. I mostly leave that money untouched, but I would often use it to pay off my CC debt in lump sums.

I've also tried to budget by staying away from using my debit card, and visiting the ATM on a biweekly basis instead.

I suppose what I want to do now is setup a gameplan. Do I setup an internet bank savings account/cd's? Do I put more money into scottrade and continually buy solid dividend paying company stock instead? How much? Just a few of the things I'm struggling with.

Oh, and a question. How are interest payments on CDs and Savings accounts taxed? Is it considered capital gains, or is it in a seperate category? I tried looking around google but wasn't able to find an answer yet.
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