Contribute to get your employers full match. It's free money that compounds annually. Live below your means. Drive your car longer. Try to find affordable housing. Social security ain't enough to live on. #PayYourself1st
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Nice comment. Ever heard of
@DaveRamsey - he offers similar advice in his books and media
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If you buy a car with credit you're a FOOL.
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No. The reason there is more debt is because debt is more accessible. Anyone can get a credit card now. Nearly anyone can get a car loan or mortgage. Now people have all 3 and are spending beyond their means.
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bullshit The economy is booming. Dodd-Frank held money back from minorities, single mom, divorced dads, new citizens. ((BOOM)) GDP is now 3.2 and climbing
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Then need to learn to match spending to spendable income. Drive a clunker rather thsn new to save money. I did.
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Finché il mondo continuerà a finanziarvi avanti tutta, poi si vedrà.
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this is a theory. nothing more. Admit you can't know that.
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Challenge that summation. More money w/o 401k means even more expensive cars would have been bought.
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more money to wall street means less efficient business models due to lack of price discovery
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Mortgages as it currently is, is one of the greatest Ponzi schemethe world have ever seen. We all pay in and banks collect green. We all ending paying more than the home value will ever be.
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Just wait until Social Security confiscates everyone's 401(k) in the name of fairness because career politicians and bureaucrats bankrupted the Government.
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Still save
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Borrowing money is at an all time low for rates...rather pay a 3% interest now for compounding gains of 20 years...
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