TheArstaInventor@lemmy.world to Asklemmy@lemmy.ml · 4 months agoMen in their 40s, what’s one piece of advice for men in their 20s?message-squaremessage-square213fedilinkarrow-up1195arrow-down16
arrow-up1189arrow-down1message-squareMen in their 40s, what’s one piece of advice for men in their 20s?TheArstaInventor@lemmy.world to Asklemmy@lemmy.ml · 4 months agomessage-square213fedilink
minus-squareTar_Alcaran@sh.itjust.workslinkfedilinkarrow-up45arrow-down3·4 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-squareSanctus@lemmy.worldlinkfedilinkEnglisharrow-up42·4 months agoYeah a lot of people in there twenties can’t even spare 5%. I’m thirty and I can’t.
minus-squareNOP@lemmy.ziplinkfedilinkarrow-up1arrow-down2·4 months agoHave you seen the price of emulsion?
minus-squareJuvyn00b@lemmy.worldlinkfedilinkEnglisharrow-up1·4 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.