@TheArstaInventor@lemmy.world to Asklemmy@lemmy.ml • 2 months agoMen in their 40s, what’s one piece of advice for men in their 20s?message-square211fedilinkarrow-up1196arrow-down16
arrow-up1190arrow-down1message-squareMen in their 40s, what’s one piece of advice for men in their 20s?@TheArstaInventor@lemmy.world to Asklemmy@lemmy.ml • 2 months agomessage-square211fedilink
minus-squareTar_Alcaranlinkfedilink43•2 months agoIf 20 year old me put away 10% of her income, it would just mean borrowing more. Current me would just have more debt and be worse off than now.
minus-square@Sanctus@lemmy.worldlinkfedilinkEnglish42•2 months agoYeah a lot of people in there twenties can’t even spare 5%. I’m thirty and I can’t.
minus-square@Juvyn00b@lemmy.worldlinkfedilinkEnglish1•2 months agoSome companies in the US have a deal to where they match on 401k. One such organization puts in 5% for your 2%. Two percent is low enough it wouldn’t be a hit to almost any cash in your pocket given that the money is taken out pre tax.
If 20 year old me put away 10% of her income, it would just mean borrowing more. Current me would just have more debt and be worse off than now.
Yeah a lot of people in there twenties can’t even spare 5%. I’m thirty and I can’t.
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Have you seen the price of emulsion?
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Some companies in the US have a deal to where they match on 401k. One such organization puts in 5% for your 2%. Two percent is low enough it wouldn’t be a hit to almost any cash in your pocket given that the money is taken out pre tax.