Finances

Sep. 15th, 2008 07:01 pm
[personal profile] bertine
Why did I just look at what my IRA and 401k are worth right now? It is so depressing.

Date: 2008-09-16 12:18 am (UTC)
From: [identity profile] bertine.livejournal.com
My dad was really big on saving money from retirement so I have been saving since I was 21 and was eligible for a 401k. I tend to see money as security so I am pretty good at saving it.

Date: 2008-09-16 12:19 am (UTC)
From: [identity profile] ex-ciannait.livejournal.com
You're gonna be set for life with an outlook like that. I wish I had someone like your dad, it took me till I was married for me to really get serious about it. I used to pillage my 401k all the time, now it's sacrosanct. ;)

Date: 2008-09-16 12:24 am (UTC)
From: [identity profile] bertine.livejournal.com
My dad is pretty cool. He would make us figure out the compound interest of our money when we started jobs. When my siblings went into the Army he made sure each of them set up a RothIRA and had automatic payments put in the Max amount a year into it so all three of them had a good chunk of money invested by time they were 21.

Also both my parents were really open about money. We practiced math by helping balance their checkbook.

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