So far from what i've seen this site is a WEALTH of information and I want to contribute to it as much as I can to help other investors out.

But since I've never opened a money market or CD account before I'm a bit overwhelmed at where to begin.

Is there a beginners guide, or maybe a flowchart to follow for what suits my interest best?

For instance I have $3,000 that is just sitting in my 0% interest checking account! I want it do work for me. I won't need to touch the money for 6 months. What's my best route? a 5% savings account? a 5% cd? How much will I end up earning? What's the calculation on figuring out monthly returns? Like if i get a CD for $3,000 will I make $15.00/mo interest? How does this number get calculated?

Thanks for any help.