Comments on: Yes, You CAN Afford to Contribute to Your 401(k)

By: Jackie

Jackie — Tue, 01 Jun 2010 03:29:53 +0000

Gradual increments are the key. We get used to things, so we can leverage that to our advantage.

By: david/yourfinances101

david/yourfinances101 — Mon, 31 May 2010 18:11:49 +0000

Absolutely on point. Every time I thought I couldn’t contribute more, I still bumped up my contribution. In a matter of months, I didn’t even notice it.

Pay yourself first, asthey say, but utilize that 401K as well.

By: Jackie

Jackie — Thu, 27 May 2010 02:42:43 +0000

I think maybe they just really don’t understand it. It can be confusing, and often the benefits aren’t explained all that clearly when the information is presented. But yes, people are often shortsighted.

By: Jackie

Jackie — Thu, 27 May 2010 02:41:36 +0000

Hehe, I notice my Roth contributions, because I transfer the money over manually, but having money come out of my check automatically is painless.

By: MyFinancialObjectives

MyFinancialObjectives — Thu, 27 May 2010 02:20:24 +0000

This is an argument I have had with some coworkers many times….. I JUST DON’T understand how people can be so shortsighted!

Great post!! I contribute 12% and just started an IRA at $150 a month… Not much, but I have a lot of loans to pay off!

By: Budgeting in the Fun Stuff

Budgeting in the Fun Stuff — Wed, 26 May 2010 19:03:05 +0000

I started contributing to my 401k 90 days after I started my job as required. That first hit of 6% hurt, but I haven’t noticed it since…I don’t notice my Roth IRA contributions either…