A friend of mine (single, very minimal expenses) got a debit card with $8k from the govt. What's the best approach?
I recommended cashing out via PayPal or similar, paying 2.9% cc fee and sending to himself just so he doesn't have the money locked up for years, and this way he can invest it/have more access to it. Are there potential issues with this?
Thoughts? (Is there a thread for this?)