Comments on: planning for the future http://www.millenniumwinter.com/2006/09/21/planning-for-the-future/ Thu, 29 Dec 2011 20:13:45 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: phoenix http://www.millenniumwinter.com/2006/09/21/planning-for-the-future/comment-page-1/#comment-511 phoenix Sat, 23 Sep 2006 19:21:47 +0000 http://www.millenniumwinter.com/?p=111#comment-511 Agreed; my biggest dilemma now is whether or not to defer contributing to a 401(k) in order to pay off my high interest debt first, and then contribute later once I have that debt eliminated, or whether I should just make do with smaller contributions to both, knowing that in the long run at least I'm saving SOMETHING even if its taking me longer to get out of debt. Sometimes I really wish I knew some financial advisors. ;_; Agreed; my biggest dilemma now is whether or not to defer contributing to a 401(k) in order to pay off my high interest debt first, and then contribute later once I have that debt eliminated, or whether I should just make do with smaller contributions to both, knowing that in the long run at least I’m saving SOMETHING even if its taking me longer to get out of debt.

Sometimes I really wish I knew some financial advisors. ;_;

]]> By: pastilla http://www.millenniumwinter.com/2006/09/21/planning-for-the-future/comment-page-1/#comment-510 pastilla Sat, 23 Sep 2006 14:27:08 +0000 http://www.millenniumwinter.com/?p=111#comment-510 My skills are more in the debt-avoidance and live-well-on-a-shoestring category. #1 strategy: always live on 90% of salary, put away 10% in tax deductible savings. Start in your 20's, and in 40 years you'll have lots to work with. My skills are more in the debt-avoidance and live-well-on-a-shoestring category. #1 strategy: always live on 90% of salary, put away 10% in tax deductible savings. Start in your 20′s, and in 40 years you’ll have lots to work with.

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