I need help spending money!
Sep 15, 2004 | 03:44 AM
#21
Contributing Member
Joined: Dec 2002
Posts: 1,574
Likes: 1
From: El Paso, TX
Originally Posted by dajabr
Man, here I go again...
If you don't have an IRA start one. If you have debt pay it.
If you don't have an IRA start one. If you have debt pay it.
If the truck ain't broke, leave it alone. It probably does the job of getting you around. Invest in an emergency savings first...for that day the truck stops getting you around. Then start a Roth IRA. If you're young and you regulary contribute 10% of your net pay, you could easily have a cool million by the time you'd retire...or even retire early.
Your truck ain't worth a million bucks.
Sep 15, 2004 | 03:49 AM
#22
Contributing Member
Joined: Dec 2002
Posts: 1,574
Likes: 1
From: El Paso, TX
Originally Posted by EWAYota
ya, he "saws go with his advice"! lol. (cough cough) the "Y" button is in the middle :pat: (cough cough)
Sep 15, 2004 | 09:39 AM
#23
Registered User
Joined: Mar 2004
Posts: 67
Likes: 0
Originally Posted by gwhayduke
Amen.
If the truck ain't broke, leave it alone. It probably does the job of getting you around. Invest in an emergency savings first...for that day the truck stops getting you around. Then start a Roth IRA. If you're young and you regulary contribute 10% of your net pay, you could easily have a cool million by the time you'd retire...or even retire early.
Your truck ain't worth a million bucks.
If the truck ain't broke, leave it alone. It probably does the job of getting you around. Invest in an emergency savings first...for that day the truck stops getting you around. Then start a Roth IRA. If you're young and you regulary contribute 10% of your net pay, you could easily have a cool million by the time you'd retire...or even retire early.
Your truck ain't worth a million bucks.
Excellent advice. EVERYONE needs at least 3 months of expenses in a Savings account. Or better yet 3 months of income.
I'm 22 at the moment and with MAX contributions to my ROTH, I'll be living the easy life well before I'm 60. Definitly the way to go!
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