I'm 22 (no debt, clean record, no kids) and it feels like I should take your advice but I don't know what any of this means.To anyone reading this thread right now, if you are in your 20's and don't have an IRA, go to an online brokerage right now and sign up. It will take 10 mins and it'll be one of the best decisions you've ever made. Even if you're in your 30's, it's still a good idea, but if you're in your 20's it's a MUST.
I'm 22 (no debt, clean record, no kids) and it feels like I should take your advice but I don't know what any of this means.
Gotcha. I'll have to keep this in mind.22... goddamn. It's actually very simple, breh.
- If you have a job that offers a 401(k), sign up as soon as you can and contribute up to the company match (typically 5 or 6%).
- You can google "ROTH IRA" and follow any of the links to get started on your 2nd retirement account. Try to max it out every year.
join betterment. This site layout is great, and they're helpful with tips. Plus it's a good start for novices, since they everything is automated and all you set is allocation.I'm 22 (no debt, clean record, no kids) and it feels like I should take your advice but I don't know what any of this means.
I'm the same way. I've been a bit precious with some money too. i want my checking account to hit 20k, but then I'm like "why?" It's wasting there.Just opened my Roth IRA with fidelity, might thrown in 1k tomorrow. Starting to get addicted to this shyt, all the money i wasted this past year tho
ally bank has a .99% rate for savings accounts
Online Savings Account: High Interest Savings, Rates & Reviews | Ally Bank
Got my ally savings account going at 1 g a monthally bank has a .99% rate for savings accounts
Online Savings Account: High Interest Savings, Rates & Reviews | Ally Bank
@bdizzle @BaldingSoHard
Yall have a savings account through a bank/online bank? Is it worth it if the interest is so low?
You just thrown in a percent of each check & don't look at it?My savings account is my emergency fund. If I need money for an emergency that's where I take it from. I'm not expecting it to make a lot of interest.